Mueller Industries Inc
Buy, Hold or Sell?

Let's analyse Mueller Industries Inc together

Penke I guess you are interested in Mueller Industries Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Mueller Industries Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about Mueller Industries Inc

I send you an email if I find something interesting about Mueller Industries Inc.

Quick analysis of Mueller Industries Inc (30 sec.)

What can you expect buying and holding a share of Mueller Industries Inc? (30 sec.)

How much money do you get?

$0.63

When do you have the money?

1 year

How often do you get paid?

100.0%

What is your share worth?

Current worth

$-3.70

Expected worth in 1 year

$-24.90

How sure are you?

90.0%

+ What do you gain per year?

Total Gains per Share

$-20.56

Return On Investment

-35.2%

For what price can you sell your share?

Current Price per Share

$58.41

Expected price per share

$50.85 - $

How sure are you?

50%

1. Valuation of Mueller Industries Inc (5 min.)

Live pricePrice per Share (EOD)

$58.41

Book Value per Share

$-3.70

Intrinsic Value Per Share

$42.98 - $137.67

Total Value Per Share

$39.28 - $133.97

My calculation of the intrinsic value of Mueller Industries Inc is based how much money is coming from the company's main activities (Free Cash Flow).

The following numbers are based on moving averages and per share and per quarter.
I use a 6% discount rate for the low estimation and 3% for the high estimation.
The current Free Cash Flow Per Share is 10Y: ($0.57) 3Y: ($1.30) TTM: ($1.47)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($0.05) 3Y: ($0.14) TTM: ($0.11)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$2.64	$6.45	$3.02 - $7.40
2	$5.80	$14.82	$3.76 - $9.61
3	$9.42	$24.98	$4.50 - $11.82
4	$13.44	$36.83	$5.24 - $14.02
5	$17.79	$50.26	$5.98 - $16.23
6	$22.42	$65.16	$6.72 - $18.43
7	$27.30	$81.45	$7.46 - $20.64
8	$32.38	$99.02	$8.20 - $22.85
9	$37.62	$117.79	$8.94 - $25.05
10	$42.98	$137.67	$9.68 - $27.26

2. Growth of Mueller Industries Inc (5 min.)

Is Mueller Industries Inc growing?

	Current year	Previous year	Grow	Grow %
How rich?	-$423.1m	$1.7b	-$168m	-10.6%

How much money is Mueller Industries Inc making?

	Current year	Previous year	Grow	Grow %
Making money	$142m	$168.3m	-$26.3m	-18.5%
Net Profit Margin	17.1%	17.0%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Mueller Industries Inc (5 min.)

4. Comparing to competitors in the Metal Fabrication industry (5 min.)

Industry Rankings (Metal Fabrication)

Richest
#180 / 180

Most Revenue
#11 / 180

Most Profit
#2 / 180

Most Efficient
#10 / 180

What can you expect buying and holding a share of Mueller Industries Inc? (5 min.)

Welcome investor! Mueller Industries Inc's management wants to use your money to grow the business. In return you get a share of Mueller Industries Inc.

What can you expect buying and holding a share of Mueller Industries Inc?

First you should know what it really means to hold a share of Mueller Industries Inc. And how you can make/lose money.

Speculation

The Price per Share of Mueller Industries Inc is $58.41. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

The fundamentals: the financial health trends of Mueller Industries Inc.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Mueller Industries Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $-3.70. Based on the TTM, the Book Value Change Per Share is $-5.30 per quarter. Based on the YOY, the Book Value Change Per Share is $1.29 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.16 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Mueller Industries Inc.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	1.21	2.1%	1.25	2.1%	1.48	2.5%	0.92	1.6%	0.56	1.0%
Usd Book Value Change Per Share	-24.39	-41.8%	-5.30	-9.1%	1.29	2.2%	-0.44	-0.8%	-0.26	-0.4%
Usd Dividend Per Share	0.19	0.3%	0.16	0.3%	0.16	0.3%	0.11	0.2%	0.11	0.2%
Usd Total Gains Per Share	-24.20	-41.4%	-5.14	-8.8%	1.45	2.5%	-0.34	-0.6%	-0.15	-0.3%
Usd Price Per Share	53.93	-	65.88	-	61.30	-	47.52	-	39.45	-
Price to Earnings Ratio	11.14	-	13.13	-	10.59	-	16.90	-	31.50	-
Price-to-Total Gains Ratio	-2.23	-	42.30	-	43.27	-	64.43	-	149.61	-
Price to Book Ratio	-14.57	-	-0.96	-	3.97	-	3.51	-	4.38	-
Price-to-Total Gains Ratio	-2.23	-	42.30	-	43.27	-	64.43	-	149.61	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	58.41
Number of shares	17

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.16	0.11
Usd Book Value Change Per Share	-5.30	-0.44
Usd Total Gains Per Share	-5.14	-0.34
Gains per Quarter (17 shares)	-87.39	-5.71
Gains per Year (17 shares)	-349.55	-22.83

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	11	-360	-360	7	-30	-33
2	22	-721	-710	14	-60	-56
3	32	-1081	-1060	22	-90	-79
4	43	-1441	-1410	29	-120	-102
5	54	-1802	-1760	36	-150	-125
6	65	-2162	-2110	43	-180	-148
7	76	-2522	-2460	50	-210	-171
8	86	-2883	-2810	57	-240	-194
9	97	-3243	-3160	65	-270	-217
10	108	-3603	-3510	72	-300	-240

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	129.0	4.0	0.0	97.0%
Book Value Change Per Share	3.0	1.0	0.0	75.0%	11.0	1.0	0.0	91.7%	19.0	1.0	0.0	95.0%	35.0	5.0	0.0	87.5%	117.0	16.0	0.0	88.0%
Dividend per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	20.0	0.0	0.0	100.0%	40.0	0.0	0.0	100.0%	81.0	0.0	52.0	60.9%
Total Gains per Share	3.0	1.0	0.0	75.0%	11.0	1.0	0.0	91.7%	19.0	1.0	0.0	95.0%	36.0	4.0	0.0	90.0%	119.0	14.0	0.0	89.5%

Fundamentals of Mueller Industries Inc

About Mueller Industries Inc

https://www.muellerindustries.com
Metal Fabrication
4509
150 Schilling Boulevard, Collierville, TN, United States, 38017
Google Maps Bing Maps

Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. It operates through three segments: Piping Systems, Industrial Metals, and Climate. The Piping Systems segment offers copper tubes, fittings, line sets, and pipe nipples. It also resells steel pipes, brass and plastic plumbing valves, malleable iron fittings and faucets, and plumbing specialties; and supplies water tubes. This segment sells its products to wholesalers in the plumbing and refrigeration markets, distributors to the manufactured housing and recreational vehicle industries, building material retailers, and air-conditioning original equipment manufacturers (OEMs). The Industrial Metals segment manufactures brass, bronze, and copper alloy rods; plumbing brass, valves, fittings, and gas assemblies; cold-form aluminum and copper products; machining of aluminum, steel, brass, and cast iron impacts and castings; brass and aluminum forgings; brass, aluminum, and stainless-steel valves; fluid control solutions; and gas train assembles to OEMs in the industrial, construction, HVAC, plumbing, and refrigeration markets. The Climate segment offers valves, protection devices, and brass fittings for various OEMs in the commercial HVAC and refrigeration markets; high-pressure components and accessories for the air-conditioning and refrigeration markets; coaxial heat exchangers and twisted tubes for the HVAC, geothermal, refrigeration, swimming pool heat pump, marine, ice machine, commercial boiler, and heat reclamation markets; and insulated HVAC flexible duct systems. Mueller Industries, Inc. was founded in 1917 and is headquartered in Collierville, Tennessee.

Fundamental data was last updated by Penke on 2024-04-26 06:10:03.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge profit.
Using its assets, the company is very efficient in making profit.
Using its investors money, the company is less efficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating efficient.
The company is efficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is unable to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Mueller Industries Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Mueller Industries Inc earns for each $1 of revenue.

Above 10% is considered healthy but always compare Mueller Industries Inc to the Metal Fabrication industry mean.
A Net Profit Margin of 16.3% means that $0.16 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Mueller Industries Inc:

The MRQ is 16.3%. The company is making a huge profit. +2
The TTM is 17.1%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	16.3%	TTM	17.1%	-0.9%
TTM	17.1%	YOY	17.0%	+0.1%
TTM	17.1%	5Y	11.9%	+5.2%
5Y	11.9%	10Y	8.0%	+3.9%

Compared to industry (Metal Fabrication)

Period	Company	Industry (mean)	+/-
MRQ	16.3%	2.3%	+14.0%
TTM	17.1%	2.5%	+14.6%
YOY	17.0%	3.8%	+13.2%
5Y	11.9%	3.3%	+8.6%
10Y	8.0%	3.5%	+4.5%

Measures how much net profit Mueller Industries Inc earns for each $1 of revenue.

Revenue is the amount of profit Mueller Industries Inc generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Mueller Industries Inc earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Mueller Industries Inc to the Metal Fabrication industry mean.
Can be used to compare companies within the Metal Fabrication industry.

You typically want a high profit margin. This means that for each $1 in sales, Mueller Industries Inc makes more profit. This shows the investor how efficiently Mueller Industries Inc is operating in general and compared to other companies in the same industry. Mueller Industries Inc operates in the Metal Fabrication industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Mueller Industries Inc. If profit margins remain low (compared to the Metal Fabrication industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Mueller Industries Inc is 0.16. This means that Mueller Industries Inc earned $0.16 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Metal Fabrication industry is 2.3%.
What is the trend?
The trend is important because it shows you how Mueller Industries Inc is performing over time. The most recent quarter might be important if Mueller Industries Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mueller Industries Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Mueller Industries Inc with other companies in the same industry (Metal Fabrication).
Net profit margin should rise over the years.
Can be influenced when Mueller Industries Inc sells assets (profit will increase while costs remain the same).
It won’t show what part of Mueller Industries Inc is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Mueller Industries Inc

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Mueller Industries Inc = 138,363
Total revenue MRQ Mueller Industries Inc = 849,654
$138,363 / $849,654 = 0.16 or 16.3%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Mueller Industries Inc is using its assets to generate profit.

Above 5% is considered healthy but always compare Mueller Industries Inc to the Metal Fabrication industry mean.
609.9% Return on Assets means that Mueller Industries Inc generated $6.10 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Mueller Industries Inc:

The MRQ is 609.9%. Using its assets, the company is very efficient in making profit. +2
The TTM is 156.5%. Using its assets, the company is very efficient in making profit. +2

Trends

Current period		Compared to		+/-
MRQ	609.9%	TTM	156.5%	+453.4%
TTM	156.5%	YOY	7.6%	+148.9%
TTM	156.5%	5Y	35.4%	+121.1%
5Y	35.4%	10Y	18.6%	+16.8%

Compared to industry (Metal Fabrication)

Period	Company	Industry (mean)	+/-
MRQ	609.9%	1.1%	+608.8%
TTM	156.5%	1.1%	+155.4%
YOY	7.6%	1.5%	+6.1%
5Y	35.4%	1.3%	+34.1%
10Y	18.6%	1.5%	+17.1%

Shows how efficient Mueller Industries Inc is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Mueller Industries Inc to the Metal Fabrication industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Mueller Industries Inc is using its resources to generate profit. If the return on assets (609.9%) from Mueller Industries Inc are higher than the Metal Fabrication mean (1.1%) that means Mueller Industries Inc is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Mueller Industries Inc is 609.9%. This means the company generated $6.10 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Metal Fabrication industry is 1.1%.
What is the trend?
The trend is important because it shows you how Mueller Industries Inc is performing over time. The most recent quarter might be important if Mueller Industries Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mueller Industries Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Mueller Industries Inc

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Mueller Industries Inc = 138,363
Total assets MRQ (balance sheet) from Mueller Industries Inc = 22,687
138,363 / 22,687 = 6.10 or 609.9%

ROA is an important ratio as it will tell you how effectively Mueller Industries Inc is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Mueller Industries Inc is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Mueller Industries Inc to the Metal Fabrication industry mean.
5.7% Return on Equity means Mueller Industries Inc generated $0.06 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Mueller Industries Inc:

The MRQ is 5.7%. Using its investors money, the company is less efficient in making profit.
The TTM is 6.3%. Using its investors money, the company is less efficient in making profit.

Trends

Current period		Compared to		+/-
MRQ	5.7%	TTM	6.3%	-0.6%
TTM	6.3%	YOY	9.9%	-3.6%
TTM	6.3%	5Y	7.7%	-1.5%
5Y	7.7%	10Y	5.7%	+2.1%

Compared to industry (Metal Fabrication)

Period	Company	Industry (mean)	+/-
MRQ	5.7%	2.1%	+3.6%
TTM	6.3%	2.0%	+4.3%
YOY	9.9%	3.4%	+6.5%
5Y	7.7%	2.2%	+5.5%
10Y	5.7%	2.4%	+3.3%

Shows how efficient Mueller Industries Inc is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Mueller Industries Inc to the Metal Fabrication industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Metal Fabrication industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Mueller Industries Inc is 5.7%. This means Mueller Industries Inc generated $0.06 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Metal Fabrication industry is 2.1%.
What is the trend?
The trend is important because it shows you how Mueller Industries Inc is performing over time. The most recent quarter might be important if Mueller Industries Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mueller Industries Inc up to 10 years back (depending if Mueller Industries Inc existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Mueller Industries Inc

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Mueller Industries Inc = 138,363
Shareholders equity (balance sheet) MRQ Mueller Industries Inc = 2,424,374
138,363 / 2,424,374 = 0.06 or 5.7%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Mueller Industries Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Mueller Industries Inc is operating .

Measures how much profit Mueller Industries Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Mueller Industries Inc to the Metal Fabrication industry mean.
An Operating Margin of 10.2% means the company generated $0.10 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Mueller Industries Inc:

The MRQ is 10.2%. The company is operating less efficient.
The TTM is 18.9%. The company is operating efficient. +1

Trends

Current period		Compared to		+/-
MRQ	10.2%	TTM	18.9%	-8.8%
TTM	18.9%	YOY	22.6%	-3.7%
TTM	18.9%	5Y	15.6%	+3.4%
5Y	15.6%	10Y	11.2%	+4.4%

Compared to industry (Metal Fabrication)

Period	Company	Industry (mean)	+/-
MRQ	10.2%	4.4%	+5.8%
TTM	18.9%	3.4%	+15.5%
YOY	22.6%	5.7%	+16.9%
5Y	15.6%	5.5%	+10.1%
10Y	11.2%	4.7%	+6.5%

Measures how efficient Mueller Industries Inc is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Mueller Industries Inc to the Metal Fabrication industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Mueller Industries Inc is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Mueller Industries Inc is 10.2%. This means that Mueller Industries Inc earned $0.10 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Metal Fabrication industry is 4.4%.
What is the trend?
The trend is important because it shows you how Mueller Industries Inc is performing over time. The most recent quarter might be important if Mueller Industries Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mueller Industries Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Mueller Industries Inc

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Mueller Industries Inc = 183,425
Total revenue MRQ Mueller Industries Inc = 849,654
$183,425 / $849,654 = 0.10 or 10.2%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Mueller Industries Inc is keeping operating costs low.

Below 1 is considered healthy (always compare to Metal Fabrication industry mean).
An Operation Ratio of 0.77 means that the operating costs are $0.77 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Mueller Industries Inc:

The MRQ is 0.773. The company is efficient in keeping operating costs low. +1
The TTM is 0.788. The company is efficient in keeping operating costs low. +1

Trends

Current period		Compared to		+/-
MRQ	0.773	TTM	0.788	-0.015
TTM	0.788	YOY	0.774	+0.014
TTM	0.788	5Y	0.840	-0.052
5Y	0.840	10Y	0.887	-0.046

Compared to industry (Metal Fabrication)

Period	Company	Industry (mean)	+/-
MRQ	0.773	1.665	-0.892
TTM	0.788	1.665	-0.877
YOY	0.774	1.600	-0.826
5Y	0.840	1.578	-0.738
10Y	0.887	1.372	-0.485

Measures how efficient Mueller Industries Inc is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Mueller Industries Inc to the Metal Fabrication industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Mueller Industries Inc is 77.3%. This means that Mueller Industries Inc earned $0.77 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Metal Fabrication industry is 1.67.
What is the trend?
The trend is important because it shows you how Mueller Industries Inc is performing over time. The most recent quarter might be important if Mueller Industries Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mueller Industries Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Mueller Industries Inc

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(608,703 +48,357) \ 849,654 = 0.77

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Mueller Industries Inc.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Mueller Industries Inc is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Metal Fabrication industry mean).
A Current Ratio of 6.05 means the company has $6.05 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Mueller Industries Inc:

The MRQ is 6.047. The company is very able to pay all its short-term debts. +2
The TTM is 5.965. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	6.047	TTM	5.965	+0.082
TTM	5.965	YOY	3.932	+2.032
TTM	5.965	5Y	3.685	+2.279
5Y	3.685	10Y	3.672	+0.014

Compared to industry (Metal Fabrication)

Period	Company	Industry (mean)	+/-
MRQ	6.047	1.845	+4.202
TTM	5.965	1.828	+4.137
YOY	3.932	1.793	+2.139
5Y	3.685	1.800	+1.885
10Y	3.672	1.668	+2.004

Measures if Mueller Industries Inc is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Metal Fabrication industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Mueller Industries Inc if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Mueller Industries Inc is 6.05. This means Mueller Industries Inc has $6.05 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Metal Fabrication industry is 1.85.
What is the trend?
The trend is important because it shows you how Mueller Industries Inc is performing over time. The most recent quarter might be important if Mueller Industries Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mueller Industries Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Mueller Industries Inc

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
2,184,606 \ 361,281) = 6.05

The current ratio measures if Mueller Industries Inc is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Mueller Industries Inc is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Mueller Industries Inc does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Mueller Industries Inc is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Mueller Industries Inc is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Mueller Industries Inc to the Metal Fabrication industry mean.
A Quick Ratio of 1.17 means the company can pay off $1.17 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Mueller Industries Inc:

The MRQ is 1.175. The company is just able to pay all its short-term debts with the most liquid assets.
The TTM is 3.999. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	1.175	TTM	3.999	-2.824
TTM	3.999	YOY	2.915	+1.084
TTM	3.999	5Y	2.439	+1.560
5Y	2.439	10Y	2.441	-0.002

Compared to industry (Metal Fabrication)

Period	Company	Industry (mean)	+/-
MRQ	1.175	0.689	+0.486
TTM	3.999	0.762	+3.237
YOY	2.915	0.860	+2.055
5Y	2.439	0.935	+1.504
10Y	2.441	0.864	+1.577

Measures if Mueller Industries Inc is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Mueller Industries Inc to the Metal Fabrication industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Mueller Industries Inc can pay off its short term debts. This shows if Mueller Industries Inc can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Mueller Industries Inc is 1.17. This means that Mueller Industries Inc can pay off $1.17 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Metal Fabrication industry is 0.69.
What is the trend?
The trend is important because it shows you how Mueller Industries Inc is performing over time. The most recent quarter might be important if Mueller Industries Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mueller Industries Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Mueller Industries Inc

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Mueller Industries Inc: (0 + 0 +424,406) / 361,281 = 1.17

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Mueller Industries Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Mueller Industries Inc assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Mueller Industries Inc to Metal Fabrication industry mean.
A Debt to Asset Ratio of 19.65 means that Mueller Industries Inc assets are financed with 1,965.3% credit (debt) and the remaining percentage (100% - 1,965.3%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Mueller Industries Inc:

The MRQ is 19.653. The company is unable to pay all its debts by selling its assets. -2
The TTM is 5.030. The company is unable to pay all its debts by selling its assets. -2

Trends

Current period		Compared to		+/-
MRQ	19.653	TTM	5.030	+14.623
TTM	5.030	YOY	0.213	+4.818
TTM	5.030	5Y	1.322	+3.709
5Y	1.322	10Y	0.898	+0.424

Compared to industry (Metal Fabrication)

Period	Company	Industry (mean)	+/-
MRQ	19.653	0.469	+19.184
TTM	5.030	0.471	+4.559
YOY	0.213	0.496	-0.283
5Y	1.322	0.483	+0.839
10Y	0.898	0.484	+0.414

Measures how much % of Mueller Industries Inc assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Mueller Industries Inc than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Mueller Industries Inc to Metal Fabrication industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Mueller Industries Inc is 19.65. This means means that Mueller Industries Inc is financed with 1,965.3% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Metal Fabrication industry is 184.5%.
What is the trend?
The trend is important because it shows you how Mueller Industries Inc is performing over time. The most recent quarter might be important if Mueller Industries Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mueller Industries Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Mueller Industries Inc has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Mueller Industries Inc

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
445,872 \ 22,687 = 1,965.3% or 19.65.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Mueller Industries Inc is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Mueller Industries Inc to the Metal Fabrication industry mean.
A Debt to Equity ratio of 18.4% means that company has $0.18 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Mueller Industries Inc:

The MRQ is 0.184. The company is very able to pay all its debts with equity. +2
The TTM is 0.186. The company is very able to pay all its debts with equity. +2

Trends

Current period		Compared to		+/-
MRQ	0.184	TTM	0.186	-0.003
TTM	0.186	YOY	0.275	-0.089
TTM	0.186	5Y	0.641	-0.455
5Y	0.641	10Y	0.838	-0.197

Compared to industry (Metal Fabrication)

Period	Company	Industry (mean)	+/-
MRQ	0.184	0.903	-0.719
TTM	0.186	0.906	-0.720
YOY	0.275	0.993	-0.718
5Y	0.641	0.987	-0.346
10Y	0.838	1.030	-0.192

Measures if Mueller Industries Inc is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Mueller Industries Inc is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Mueller Industries Inc is 0.18. This means that Mueller Industries Inc can pay off $0.18 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Metal Fabrication industry is 0.90.
What is the trend?
The trend is important because it shows you how Mueller Industries Inc is performing over time. The most recent quarter might be important if Mueller Industries Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mueller Industries Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Mueller Industries Inc

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
445,872 \ 2,424,374 = 0.18 or 18.4%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Mueller Industries Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Mueller Industries Inc generates.

Above 15 is considered overpriced but always compare Mueller Industries Inc to the Metal Fabrication industry mean.
A PE ratio of 11.14 means the investor is paying $11.14 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Mueller Industries Inc:

The EOD is 12.068. Based on the earnings, the company is underpriced. +1
The MRQ is 11.143. Based on the earnings, the company is underpriced. +1
The TTM is 13.133. Based on the earnings, the company is underpriced. +1

Trends

Current period		Compared to		+/-
EOD	12.068	MRQ	11.143	+0.926
MRQ	11.143	TTM	13.133	-1.990
TTM	13.133	YOY	10.590	+2.543
TTM	13.133	5Y	16.898	-3.766
5Y	16.898	10Y	31.505	-14.606

Compared to industry (Metal Fabrication)

Period	Company	Industry (mean)	+/-
EOD	12.068	13.981	-1.913
MRQ	11.143	11.796	-0.653
TTM	13.133	12.577	+0.556
YOY	10.590	13.940	-3.350
5Y	16.898	13.978	+2.920
10Y	31.505	18.634	+12.871

Measures how much money you pay for each share for every $1 in earnings Mueller Industries Inc generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Mueller Industries Inc to the Metal Fabrication industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Mueller Industries Inc is 11.14. This means the investor is paying $11.14 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Metal Fabrication industry is 11.80.
What is the trend?
The trend is important because it shows you how Mueller Industries Inc is performing over time. The most recent quarter might be important if Mueller Industries Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Mueller Industries Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Mueller Industries Inc

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 114,350 = EPS
PE ratio MRQ = 11.14

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Mueller Industries Inc:

The EOD is 10.621. Based on how much money comes from the company's main activities, the company is cheap. +2
The MRQ is 9.806. Based on how much money comes from the company's main activities, the company is cheap. +2
The TTM is 12.098. Based on how much money comes from the company's main activities, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	10.621	MRQ	9.806	+0.815
MRQ	9.806	TTM	12.098	-2.292
TTM	12.098	YOY	11.557	+0.541
TTM	12.098	5Y	15.632	-3.534
5Y	15.632	10Y	12.758	+2.874

Compared to industry (Metal Fabrication)

Period	Company	Industry (mean)	+/-
EOD	10.621	3.552	+7.069
MRQ	9.806	3.098	+6.708
TTM	12.098	0.922	+11.176
YOY	11.557	-0.754	+12.311
5Y	15.632	1.150	+14.482
10Y	12.758	-0.025	+12.783

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Mueller Industries Inc is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Metal Fabrication industry mean).
A PB ratio of -14.57 means the investor is paying $-14.57 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Mueller Industries Inc:

The EOD is -15.783. Based on the equity, the company is expensive. -2
The MRQ is -14.573. Based on the equity, the company is expensive. -2
The TTM is -0.962. Based on the equity, the company is expensive. -2

Trends

Current period		Compared to		+/-
EOD	-15.783	MRQ	-14.573	-1.211
MRQ	-14.573	TTM	-0.962	-13.610
TTM	-0.962	YOY	3.973	-4.935
TTM	-0.962	5Y	3.510	-4.472
5Y	3.510	10Y	4.382	-0.872

Compared to industry (Metal Fabrication)

Period	Company	Industry (mean)	+/-
EOD	-15.783	1.520	-17.303
MRQ	-14.573	1.503	-16.076
TTM	-0.962	1.455	-2.417
YOY	3.973	1.722	+2.251
5Y	3.510	1.704	+1.806
10Y	4.382	1.701	+2.681

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Mueller Industries Inc.

3.1. Institutions holding Mueller Industries Inc

Institutions are holding 97.429% of the shares of Mueller Industries Inc.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	BlackRock Inc	16.3986	0.0224	18628278	580748	3.2179
2023-12-31	Vanguard Group Inc	10.8277	0.0127	12299997	719	0.0058
2023-12-31	First Trust Advisors L.P.	4.9461	0.2891	5618664	-159900	-2.7671
2023-12-31	Allspring Global Investments Holdings, LLC	4.4367	0.3939	5039933	-240209	-4.5493
2023-12-31	State Street Corporation	3.779	0.0099	4292807	192119	4.685
2023-12-31	Dimensional Fund Advisors, Inc.	3.6727	0.0574	4172082	-61070	-1.4427
2023-12-31	Gamco Investors, Inc. Et Al	3.3886	1.9371	3849329	-138055	-3.4623
2023-12-31	Pacer Advisors, INC.	2.538	0.3847	2883088	924402	47.195
2023-12-31	Geode Capital Management, LLC	2.454	0.0139	2787662	144088	5.4505
2023-12-31	Gabelli Funds LLC	2.1671	0.8939	2461800	-74000	-2.9182
2023-12-31	Fuller & Thaler Asset Management Inc	2.0345	0.552	2311086	-11982	-0.5158
2023-12-31	American Century Companies Inc	1.8553	0.0683	2107541	219885	11.6486
2023-12-31	Gates Capital Management Inc	1.6692	2.0599	1896207	-497281	-20.7764
2023-12-31	Victory Capital Management Inc.	1.4672	0.0827	1666651	-3279	-0.1964
2023-12-31	Morgan Stanley - Brokerage Accounts	1.462	0.0069	1660839	194183	13.2398
2023-12-31	LSV Asset Management	1.2635	0.1477	1435300	-136800	-8.7017
2023-12-31	Rockefeller Capital Management L.P.	1.1903	0.213	1352114	126912	10.3585
2023-12-31	JPMorgan Chase & Co	1.1637	0.006	1321966	208076	18.6801
2023-12-31	Northern Trust Corp	1.1143	0.0108	1265766	40222	3.282
2023-12-31	NORGES BANK	1.1129	0.0104	1264173	-64527	-4.8564
Total		68.9414	7.1727	78315283	+1244251	+1.6%

3.2. Funds holding Mueller Industries Inc

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-03-28	iShares Core S&P Small-Cap ETF	6.749	0.5146	7666684	-9797	-0.1276
2024-03-31	First Trust Rising Dividend Achiev ETF	3.3771	1.9739	3836309	0	0
2024-03-31	Allspring Special Small Cap Value A	3.3556	3.4683	3811880	-30400	-0.7912
2024-03-28	Pacer US Small Cap Cash Cows 100 ETF	3.204	2.0176	3639698	12866	0.3547
2024-02-29	Vanguard Total Stock Mkt Idx Inv	2.9819	0.0112	3387385	-7478	-0.2203
2024-02-29	Vanguard Small Cap Index	2.4472	0.1016	2779890	25646	0.9311
2024-03-28	iShares Russell 2000 ETF	2.4152	0.2259	2743583	1323	0.0482
2024-02-29	1290 VT GAMCO Small Company Value IB	2.0392	3.3175	2316500	-28500	-1.2154
2024-02-29	FullerThaler Behavioral Small-Cap Equity	1.9187	1.2922	2179608	0	0
2023-12-31	FullerThaler Behavioral Sm-Cp Eq R6	1.9187	1.2925	2179608	-9500	-0.434
2024-02-29	Vanguard Small Cap Value Index Inv	1.6699	0.1833	1896902	12289	0.6521
2024-02-29	Vanguard Institutional Extnd Mkt Idx Tr	1.4786	0.0846	1679642	3251	0.1939
2024-03-29	Avantis US Small Cap Value ETF	1.4202	0.8022	1613303	0	0
2023-12-31	Victory Sycamore Small Company Opp R	1.0168	0.7758	1155000	-25000	-2.1186
2023-12-31	Victory Small Cap Value CIT (Net 75)	1.0168	0.7743	1155000	-25000	-2.1186
2024-01-31	Fidelity Small Cap Index	0.998	0.2195	1133719	17659	1.5823
2024-03-28	iShares S&P Small-Cap 600 Growth ETF	0.9769	1.0125	1109762	0	0
2024-03-28	SPDR® Portfolio S&P 600 Sm Cap ETF	0.8859	0.5161	1006334	1030	0.1025
2023-12-31	Gabelli Small Cap Growth AAA	0.8627	2.6983	980000	-2000	-0.2037
2024-03-31	First Trust Water ETF	0.8078	3.011	917629	0	0
Total		41.5402	24.2929	47188436	-63611	-0.1%

3.3. Insider Transactions

Insiders are holding 2.563% of the shares of Mueller Industries Inc.

Date	Owner	Type	Amount	Price
2024-02-08	Jeffrey Andrew Martin	SELL	47280	49.25
2024-02-08	John B Hansen	SELL	5000	49.33
2023-12-26	Steffen Sigloch	SELL	53792	47.59
2023-12-22	Steffen Sigloch	SELL	8	47.5
2023-12-15	Steffen Sigloch	SELL	58522	45.11
2023-11-08	John B Hansen	SELL	1000	37.87
2023-11-06	John B Hansen	SELL	10148	39.14
2023-08-03	John B Hansen	SELL	5000	39.17
2023-05-30	Gregory L Christopher	SELL	12898	39.03
2023-05-24	Gregory L Christopher	SELL	47982	38.03
2023-05-22	Gregory L Christopher	SELL	27600	39.82
2023-05-08	John B Hansen	SELL	4000	37.19
2023-05-03	Scott Jay Goldman	SELL	6000	36.51
2023-04-27	John B Hansen	SELL	1000	35.24

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Mueller Industries Inc compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	-24.395	-5.299	-78%	1.285	-1998%	-0.441	-98%	-0.259	-99%
Book Value Per Share	-	-	-3.701	13.890	-127%	15.409	-124%	10.442	-135%	8.356	-144%
Current Ratio	-	-	6.047	5.965	+1%	3.932	+54%	3.685	+64%	3.672	+65%
Debt To Asset Ratio	-	-	19.653	5.030	+291%	0.213	+9147%	1.322	+1387%	0.898	+2089%
Debt To Equity Ratio	-	-	0.184	0.186	-1%	0.275	-33%	0.641	-71%	0.838	-78%
Dividend Per Share	-	-	0.195	0.159	+23%	0.160	+22%	0.105	+85%	0.113	+73%
Eps	-	-	1.210	1.245	-3%	1.482	-18%	0.920	+32%	0.563	+115%
Free Cash Flow Per Share	-	-	1.375	1.473	-7%	1.613	-15%	0.942	+46%	0.570	+141%
Free Cash Flow To Equity Per Share	-	-	0.913	1.170	-22%	1.354	-33%	0.534	+71%	0.304	+201%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	0.999	+0%	0.999	+0%
Intrinsic Value_10Y_max	-	-	137.674	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	42.978	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	6.451	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	2.640	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	24.979	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	9.423	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	50.257	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	17.787	-	-	-	-	-	-	-	-
Market Cap	6635200770.000	+7%	6166873928.000	7512329239.500	-18%	6963780092.500	-11%	5405995572.899	+14%	4501618059.480	+37%
Net Profit Margin	-	-	0.163	0.171	-5%	0.170	-4%	0.119	+36%	0.080	+103%
Operating Margin	-	-	0.102	0.189	-46%	0.226	-55%	0.156	-35%	0.112	-9%
Operating Ratio	-	-	0.773	0.788	-2%	0.774	0%	0.840	-8%	0.887	-13%
Pb Ratio	-15.783	-8%	-14.573	-0.962	-93%	3.973	-467%	3.510	-515%	4.382	-433%
Pe Ratio	12.068	+8%	11.143	13.133	-15%	10.590	+5%	16.898	-34%	31.505	-65%
Price Per Share	58.410	+8%	53.930	65.880	-18%	61.303	-12%	47.521	+13%	39.453	+37%
Price To Free Cash Flow Ratio	10.621	+8%	9.806	12.098	-19%	11.557	-15%	15.632	-37%	12.758	-23%
Price To Total Gains Ratio	-2.414	-8%	-2.229	42.305	-105%	43.265	-105%	64.433	-103%	149.612	-101%
Quick Ratio	-	-	1.175	3.999	-71%	2.915	-60%	2.439	-52%	2.441	-52%
Return On Assets	-	-	6.099	1.565	+290%	0.076	+7873%	0.354	+1624%	0.186	+3187%
Return On Equity	-	-	0.057	0.063	-9%	0.099	-43%	0.077	-26%	0.057	+1%
Total Gains Per Share	-	-	-24.200	-5.140	-79%	1.445	-1775%	-0.336	-99%	-0.147	-99%
Usd Book Value	-	-	-423185000.000	1582424500.000	-127%	1750426250.000	-124%	1187484000.000	-136%	952920800.000	-144%
Usd Book Value Change Per Share	-	-	-24.395	-5.299	-78%	1.285	-1998%	-0.441	-98%	-0.259	-99%
Usd Book Value Per Share	-	-	-3.701	13.890	-127%	15.409	-124%	10.442	-135%	8.356	-144%
Usd Dividend Per Share	-	-	0.195	0.159	+23%	0.160	+22%	0.105	+85%	0.113	+73%
Usd Eps	-	-	1.210	1.245	-3%	1.482	-18%	0.920	+32%	0.563	+115%
Usd Free Cash Flow	-	-	157219000.000	167974500.000	-6%	183191500.000	-14%	107210450.000	+47%	64908375.000	+142%
Usd Free Cash Flow Per Share	-	-	1.375	1.473	-7%	1.613	-15%	0.942	+46%	0.570	+141%
Usd Free Cash Flow To Equity Per Share	-	-	0.913	1.170	-22%	1.354	-33%	0.534	+71%	0.304	+201%
Usd Market Cap	6635200770.000	+7%	6166873928.000	7512329239.500	-18%	6963780092.500	-11%	5405995572.899	+14%	4501618059.480	+37%
Usd Price Per Share	58.410	+8%	53.930	65.880	-18%	61.303	-12%	47.521	+13%	39.453	+37%
Usd Profit	-	-	138363000.000	142005250.000	-3%	168309750.000	-18%	104641900.000	+32%	64076600.000	+116%
Usd Revenue	-	-	849654000.000	824701750.000	+3%	985911250.000	-14%	811933850.000	+5%	689247150.000	+23%
Usd Total Gains Per Share	-	-	-24.200	-5.140	-79%	1.445	-1775%	-0.336	-99%	-0.147	-99%
	EOD	+4 -4	MRQ	TTM	+11 -24	YOY	+9 -26	5Y	+23 -13	10Y	+24 -12

4.2. Fundamental Score

Let's check the fundamental score of Mueller Industries Inc based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	12.068
Price to Book Ratio (EOD)	Between	0-1	-15.783
Net Profit Margin (MRQ)	Greater than	0	0.163
Operating Margin (MRQ)	Greater than	0	0.102
Quick Ratio (MRQ)	Greater than	1	1.175
Current Ratio (MRQ)	Greater than	1	6.047
Debt to Asset Ratio (MRQ)	Less than	1	19.653
Debt to Equity Ratio (MRQ)	Less than	1	0.184
Return on Equity (MRQ)	Greater than	0.15	0.057
Return on Assets (MRQ)	Greater than	0.05	6.099
Total			7/10 (70.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

4.3. Technical Score

Let's check the technical score of Mueller Industries Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	74.858
Ma 20	Greater than	Ma 50	53.549
Ma 50	Greater than	Ma 100	52.211
Ma 100	Greater than	Ma 200	49.291
Open	Greater than	Close	57.440
Total			4/5 (80.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

	2023-03-31		2023-06-30		2023-09-30		2023-12-31		2024-03-31
Net Debt	-580,018	-158,815	-738,833	-205,876	-944,709	-193,855	-1,138,564	1,172,922	34,358
Interest Expense	143	-8	135	95	230	483	713	-828	-115
Income Tax Expense	61,357	765	62,122	-11,279	50,843	-4,403	46,440	-98,274	-51,834

Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	22,687
Total Liabilities	445,872
Total Stockholder Equity	2,424,374

	As reported
Total Liabilities	445,872
Total Stockholder Equity	+ 2,424,374
Total Assets	= 22,687

Assets

Total Assets	22,687
Total Current Assets	2,184,606
Long-term Assets	22,687

Total Current Assets

Total Current Assets (as reported)	2,184,606
Cash And Cash Equivalents	1,357,952
Net Receivables	424,406
Inventory	356,869
Other Current Assets	45,379
Total Current Assets (calculated)	2,184,606
+/-	0

Long-term Assets

Long-term Assets (as reported)	22,687
Property Plant Equipment	424,336
Goodwill	151,246
Long Term Investments	71,648
Intangible Assets	44,721
Long-term Assets (calculated)	691,951
+/-	669,264

Liabilities & Shareholders' Equity

Total Current Liabilities	361,281
Long-term Liabilities	84,591
Total Stockholder Equity	2,424,374

Total Current Liabilities

Total Current Liabilities (as reported)	361,281
Short-term Debt	8,777
Short Long Term Debt	705
Accounts payable	160,133
Other Current Liabilities	192,371
Total Current Liabilities (calculated)	361,986
+/-	705

Long-term Liabilities

Long-term Liabilities (as reported)	84,591
Long term Debt	130
Capital Lease Obligations	33,523
Long-term Liabilities Other	10,043
Long-term Liabilities (calculated)	43,696
+/-	40,895

Total Stockholder Equity

Total Stockholder Equity (as reported)	2,424,374
Common Stock	1,604
Retained Earnings	2,709,950
Accumulated Other Comprehensive Income	-51,754
Other Stockholders Equity	-235,426
Total Stockholder Equity (calculated)	2,424,374
+/-	0

Other

Capital Stock	1,604
Common Stock Shares Outstanding	114,350
Liabilities and Stockholders Equity	2,870,246
Net Debt	34,358
Net Invested Capital	2,425,209
Net Working Capital	1,823,325
Property Plant and Equipment Gross	424,336
Short Long Term Debt Total	34,358

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2024-03-31

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

2008-06-30

2008-03-31

2007-12-31

2007-09-30

2007-06-30

2007-03-31

2006-12-31

2006-09-30

2006-06-30

2006-03-31

2005-12-31

2005-09-30

2005-06-30

2005-03-31

2004-12-31

2004-09-30

2004-06-30

2004-03-31

2003-12-31

2003-09-30

2003-06-30

2003-03-31

2002-12-31

2002-09-30

2002-06-30

2002-03-31

2001-12-31

2001-09-30

2001-06-30

2001-03-31

2000-12-31

2000-09-30

2000-06-30

2000-03-31

1999-12-31

1999-09-30

1999-06-30

1999-03-31

1998-12-31

1998-09-30

1998-06-30

1998-03-31

1997-12-31

1997-09-30

1997-06-30

1997-03-31

1996-12-31

1996-09-30

1996-06-30

1996-03-31

1995-12-31

1995-09-30

1995-06-30

1995-03-31

1994-12-31

1994-09-30

1994-06-30

1994-03-31

1993-12-31

1993-09-30

1993-06-30

1993-03-31

1992-12-31

1992-09-30

1992-06-30

1992-03-31

1991-12-31

1991-09-30

1991-06-30

1991-03-31

1990-12-31

1990-09-30

1990-06-30

1990-03-31

> Total Assets

0
0
0
415,600
391,300
381,500
368,100
334,800
341,300
338,600
352,700
372,500
372,200
371,600
371,500
369,700
393,100
383,700
428,400
430,800
445,700
454,000
460,000
450,800
467,200
484,100
502,400
509,400
535,700
548,800
609,600
610,800
636,400
655,200
699,300
874,700
889,000
917,300
924,800
904,100
915,168
946,067
939,610
910,276
907,354
955,341
939,355
916,065
918,841
957,960
989,614
987,947
980,638
1,005,963
1,027,453
1,055,184
1,085,592
1,142,502
1,150,243
963,731
1,006,103
1,002,182
1,061,486
1,104,638
1,143,302
1,319,501
1,307,398
1,268,907
1,333,587
1,453,304
1,401,872
1,449,204
1,489,971
1,471,801
1,456,356
1,182,913
1,118,185
1,161,902
1,197,596
1,180,141
1,238,134
1,264,202
1,262,741
1,258,996
1,382,012
1,358,544
1,358,910
1,347,604
1,445,962
1,272,440
1,039,416
1,104,155
1,142,913
1,209,875
1,260,621
1,284,726
1,282,829
1,349,858
1,327,736
1,328,096
1,324,830
1,344,958
1,373,526
1,338,801
1,361,020
1,420,475
1,426,121
1,447,476
1,304,921
1,297,264
1,249,224
1,320,173
1,336,844
1,496,384
1,421,743
1,369,549
1,475,053
1,417,068
1,402,765
1,370,940
1,445,939
1,323,390
1,420,012
1,528,568
1,698,329
1,789,437
1,728,537
1,728,936
1,945,950
2,046,972
2,109,751
2,242,399
2,479,621
2,576,420
2,663,741
2,759,301
22,687

22,687

2,759,301

2,663,741

2,576,420

2,479,621

2,242,399

2,109,751

2,046,972

1,945,950

1,728,936

1,728,537

1,789,437

1,698,329

1,528,568

1,420,012

1,323,390

1,445,939

1,370,940

1,402,765

1,417,068

1,475,053

1,369,549

1,421,743

1,496,384

1,336,844

1,320,173

1,249,224

1,297,264

1,304,921

1,447,476

1,426,121

1,420,475

1,361,020

1,338,801

1,373,526

1,344,958

1,324,830

1,328,096

1,327,736

1,349,858

1,282,829

1,284,726

1,260,621

1,209,875

1,142,913

1,104,155

1,039,416

1,272,440

1,445,962

1,347,604

1,358,910

1,358,544

1,382,012

1,258,996

1,262,741

1,264,202

1,238,134

1,180,141

1,197,596

1,161,902

1,118,185

1,182,913

1,456,356

1,471,801

1,489,971

1,449,204

1,401,872

1,453,304

1,333,587

1,268,907

1,307,398

1,319,501

1,143,302

1,104,638

1,061,486

1,002,182

1,006,103

963,731

1,150,243

1,142,502

1,085,592

1,055,184

1,027,453

1,005,963

980,638

987,947

989,614

957,960

918,841

916,065

939,355

955,341

907,354

910,276

939,610

946,067

915,168

904,100

924,800

917,300

889,000

874,700

699,300

655,200

636,400

610,800

609,600

548,800

535,700

509,400

502,400

484,100

467,200

450,800

460,000

454,000

445,700

430,800

428,400

383,700

393,100

369,700

371,500

371,600

372,200

372,500

352,700

338,600

341,300

334,800

368,100

381,500

391,300

415,600

> Total Current Assets

0
0
0
200,900
171,800
161,700
150,900
152,100
161,700
160,500
172,200
182,400
183,700
187,500
193,700
194,400
201,700
192,800
178,500
183,600
198,600
202,100
206,300
211,000
224,700
244,400
264,600
274,700
287,300
273,300
310,100
309,100
327,100
335,600
331,700
382,300
404,600
433,000
443,300
440,700
456,343
476,298
456,077
405,171
399,626
447,683
431,763
403,913
409,154
449,858
477,744
500,347
488,946
513,804
538,196
570,355
611,213
673,776
676,182
455,331
502,112
507,038
562,608
611,986
638,709
836,529
821,050
776,194
817,407
933,283
891,815
940,347
981,739
966,987
958,427
754,826
699,072
742,348
787,889
808,843
873,436
903,968
903,881
912,314
1,035,096
1,016,563
1,032,796
1,026,699
1,122,220
944,050
689,509
747,194
785,157
848,306
924,343
888,172
885,213
946,046
924,178
941,213
941,131
930,772
825,499
800,401
820,761
865,723
873,594
894,323
756,085
743,751
692,828
739,115
762,827
937,513
761,204
702,618
784,533
734,504
730,709
693,772
774,126
670,691
729,865
825,361
986,535
1,081,995
1,037,943
1,019,003
1,240,548
1,335,756
1,420,924
1,534,653
1,767,011
1,851,736
1,936,770
2,040,021
2,184,606

2,184,606

2,040,021

1,936,770

1,851,736

1,767,011

1,534,653

1,420,924

1,335,756

1,240,548

1,019,003

1,037,943

1,081,995

986,535

825,361

729,865

670,691

774,126

693,772

730,709

734,504

784,533

702,618

761,204

937,513

762,827

739,115

692,828

743,751

756,085

894,323

873,594

865,723

820,761

800,401

825,499

930,772

941,131

941,213

924,178

946,046

885,213

888,172

924,343

848,306

785,157

747,194

689,509

944,050

1,122,220

1,026,699

1,032,796

1,016,563

1,035,096

912,314

903,881

903,968

873,436

808,843

787,889

742,348

699,072

754,826

958,427

966,987

981,739

940,347

891,815

933,283

817,407

776,194

821,050

836,529

638,709

611,986

562,608

507,038

502,112

455,331

676,182

673,776

611,213

570,355

538,196

513,804

488,946

500,347

477,744

449,858

409,154

403,913

431,763

447,683

399,626

405,171

456,077

476,298

456,343

440,700

443,300

433,000

404,600

382,300

331,700

335,600

327,100

309,100

310,100

273,300

287,300

274,700

264,600

244,400

224,700

211,000

206,300

202,100

198,600

183,600

178,500

192,800

201,700

194,400

193,700

187,500

183,700

182,400

172,200

160,500

161,700

152,100

150,900

161,700

171,800

200,900

Cash And Cash Equivalents

0
0
0
40,700
14,400
14,800
12,300
7,500
11,500
3,300
15,400
44,500
45,100
55,600
67,000
77,300
79,400
58,600
39,800
34,500
23,900
19,500
31,200
48,400
45,500
52,800
77,500
97,000
67,200
36,400
44,300
70,000
76,100
87,900
62,100
80,600
90,100
131,700
156,600
149,500
125,575
136,985
135,144
100,268
87,615
139,729
133,520
121,862
107,410
129,178
184,570
217,601
194,915
207,354
219,280
255,088
208,332
263,687
291,915
47,449
69,720
69,140
108,012
129,685
83,222
138,887
170,463
200,471
194,489
247,916
273,211
308,618
274,280
273,620
308,351
278,860
300,336
333,959
353,874
346,001
397,180
397,155
400,116
394,139
413,922
345,039
448,853
514,162
526,885
373,680
165,755
198,934
183,866
261,667
322,177
311,800
233,475
242,199
259,858
352,134
326,894
299,147
220,745
274,844
270,149
283,161
297,793
351,317
146,891
167,555
106,344
120,269
91,573
281,445
104,735
72,616
97,596
91,440
100,338
97,944
154,283
123,610
113,640
119,075
129,876
110,681
104,789
87,924
139,255
202,501
483,496
461,018
611,399
771,317
979,790
1,174,121
1,357,952

1,357,952

1,174,121

979,790

771,317

611,399

461,018

483,496

202,501

139,255

87,924

104,789

110,681

129,876

119,075

113,640

123,610

154,283

97,944

100,338

91,440

97,596

72,616

104,735

281,445

91,573

120,269

106,344

167,555

146,891

351,317

297,793

283,161

270,149

274,844

220,745

299,147

326,894

352,134

259,858

242,199

233,475

311,800

322,177

261,667

183,866

198,934

165,755

373,680

526,885

514,162

448,853

345,039

413,922

394,139

400,116

397,155

397,180

346,001

353,874

333,959

300,336

278,860

308,351

273,620

274,280

308,618

273,211

247,916

194,489

200,471

170,463

138,887

83,222

129,685

108,012

69,140

69,720

47,449

291,915

263,687

208,332

255,088

219,280

207,354

194,915

217,601

184,570

129,178

107,410

121,862

133,520

139,729

87,615

100,268

135,144

136,985

125,575

149,500

156,600

131,700

90,100

80,600

62,100

87,900

76,100

70,000

44,300

36,400

67,200

97,000

77,500

52,800

45,500

48,400

31,200

19,500

23,900

34,500

39,800

58,600

79,400

77,300

67,000

55,600

45,100

44,500

15,400

3,300

11,500

7,500

12,300

14,800

14,400

40,700

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15,300
0
0
0
9,300
200
200
124
9,200
0
0
0
13,000
0
0
0
3,700
0
0
0
5,200
0
0
0
8,100
1,700
1,500
63,709
65,900
68,822
70,077
79,199
9,000
73,367
75,208
3,000
76,434
2,080
2,898
58,054
58,042
50,733
47,692
46,369
48,363
44,683
32,443
27,423
37,976
0
36,899
65,000
0
0
0
0
217,863
170,997
127,051
124,680
98,146
0

98,146

124,680

127,051

170,997

217,863

65,000

36,899

37,976

27,423

32,443

44,683

48,363

46,369

47,692

50,733

58,042

58,054

2,898

2,080

76,434

3,000

75,208

73,367

9,000

79,199

70,077

68,822

65,900

63,709

1,500

1,700

8,100

5,200

3,700

13,000

9,200

124

200

9,300

15,300

Net Receivables

0
0
0
53,800
56,500
61,200
67,600
58,500
70,000
74,500
75,100
59,800
68,900
64,600
61,700
59,200
62,400
68,400
69,300
66,900
88,400
99,300
96,200
83,700
99,300
107,200
104,500
88,900
115,400
119,000
139,300
128,900
143,600
136,100
141,800
155,600
181,600
172,900
170,500
167,900
199,087
198,375
184,110
152,157
172,878
173,957
156,393
148,808
172,422
183,711
151,285
132,427
142,397
160,105
162,352
163,006
233,641
223,111
183,957
201,396
219,838
229,431
251,406
248,395
302,944
408,666
309,153
281,679
370,957
392,326
351,707
323,003
386,607
392,826
350,290
219,035
190,172
207,238
225,316
228,739
256,950
286,578
278,891
269,258
353,321
327,381
315,709
250,027
315,346
299,264
261,015
271,093
311,601
305,706
312,919
271,847
319,902
367,299
332,508
275,065
307,984
307,008
299,417
251,571
275,881
305,332
295,672
256,291
312,095
287,829
276,678
244,795
321,756
333,903
308,231
273,417
309,765
316,806
319,562
269,943
308,836
273,710
320,035
357,532
447,492
542,044
493,960
471,859
588,397
611,578
441,287
380,352
503,369
459,467
409,187
351,561
424,406

424,406

351,561

409,187

459,467

503,369

380,352

441,287

611,578

588,397

471,859

493,960

542,044

447,492

357,532

320,035

273,710

308,836

269,943

319,562

316,806

309,765

273,417

308,231

333,903

321,756

244,795

276,678

287,829

312,095

256,291

295,672

305,332

275,881

251,571

299,417

307,008

307,984

275,065

332,508

367,299

319,902

271,847

312,919

305,706

311,601

271,093

261,015

299,264

315,346

250,027

315,709

327,381

353,321

269,258

278,891

286,578

256,950

228,739

225,316

207,238

190,172

219,035

350,290

392,826

386,607

323,003

351,707

392,326

370,957

281,679

309,153

408,666

302,944

248,395

251,406

229,431

219,838

201,396

183,957

223,111

233,641

163,006

162,352

160,105

142,397

132,427

151,285

183,711

172,422

148,808

156,393

173,957

172,878

152,157

184,110

198,375

199,087

167,900

170,500

172,900

181,600

155,600

141,800

136,100

143,600

128,900

139,300

119,000

115,400

88,900

104,500

107,200

99,300

83,700

96,200

99,300

88,400

66,900

69,300

68,400

62,400

59,200

61,700

64,600

68,900

59,800

75,100

74,500

70,000

58,500

67,600

61,200

56,500

53,800

Other Current Assets

0
0
0
8,700
12,100
12,500
11,000
3,800
5,100
5,900
5,700
8,500
6,700
6,900
5,400
4,800
5,500
6,200
4,700
7,800
9,400
10,000
9,200
12,500
15,200
16,000
12,900
12,200
15,100
16,600
13,300
12,000
13,800
13,200
10,100
11,400
9,400
11,200
4,400
3,700
10,047
10,714
11,740
10,421
9,259
15,356
9,804
3,960
5,851
4,559
4,414
2,860
6,744
6,759
11,131
2,678
18,659
15,293
3,632
3,357
18,977
18,830
19,985
17,019
40,835
40,308
43,294
13,976
32,981
41,497
35,669
19,841
47,256
36,789
38,849
29,110
37,596
32,033
30,327
24,350
33,478
35,181
34,631
19,798
36,583
47,144
53,366
22,213
43,679
41,768
38,381
47,733
61,479
58,108
55,166
52,809
52,371
45,410
49,319
57,429
59,858
45,680
54,538
34,608
34,123
27,276
28,999
44,702
45,141
35,568
25,692
46,150
20,267
27,625
34,842
26,790
32,322
25,867
33,242
33,778
40,888
28,957
24,880
33,752
43,710
44,288
33,604
28,976
40,947
45,726
41,630
26,501
28,420
28,172
31,373
35,945
45,379

45,379

35,945

31,373

28,172

28,420

26,501

41,630

45,726

40,947

28,976

33,604

44,288

43,710

33,752

24,880

28,957

40,888

33,778

33,242

25,867

32,322

26,790

34,842

27,625

20,267

46,150

25,692

35,568

45,141

44,702

28,999

27,276

34,123

34,608

54,538

45,680

59,858

57,429

49,319

45,410

52,371

52,809

55,166

58,108

61,479

47,733

38,381

41,768

43,679

22,213

53,366

47,144

36,583

19,798

34,631

35,181

33,478

24,350

30,327

32,033

37,596

29,110

38,849

36,789

47,256

19,841

35,669

41,497

32,981

13,976

43,294

40,308

40,835

17,019

19,985

18,830

18,977

3,357

3,632

15,293

18,659

2,678

11,131

6,759

6,744

2,860

4,414

4,559

5,851

3,960

9,804

15,356

9,259

10,421

11,740

10,714

10,047

3,700

4,400

11,200

9,400

11,400

10,100

13,200

13,800

12,000

13,300

16,600

15,100

12,200

12,900

16,000

15,200

12,500

9,200

10,000

9,400

7,800

4,700

6,200

5,500

4,800

5,400

6,900

6,700

8,500

5,700

5,900

5,100

3,800

11,000

12,500

12,100

8,700

> Long-term Assets

0
0
0
214,700
219,500
219,800
217,200
182,700
179,600
178,100
180,500
190,100
188,500
184,100
177,800
175,300
191,400
190,900
249,900
247,200
247,100
251,900
253,700
239,800
242,500
239,700
237,800
234,700
248,400
275,500
299,500
301,700
309,300
319,600
367,600
492,400
484,400
484,300
481,500
463,400
458,825
469,769
483,533
505,105
507,728
507,658
507,592
512,152
509,687
508,102
511,870
487,600
491,692
492,159
489,257
484,829
474,379
468,726
474,061
508,400
503,991
495,144
498,878
492,652
504,593
482,972
486,348
492,713
516,180
520,021
510,057
508,857
508,232
504,814
497,929
428,087
419,113
419,554
409,707
371,298
364,698
360,234
358,860
346,682
346,916
341,981
326,114
320,905
323,742
328,390
349,907
356,961
357,756
361,569
336,278
396,554
397,616
403,812
403,558
386,883
383,699
414,186
548,027
538,400
540,259
554,752
552,527
553,153
548,836
553,513
556,396
581,058
574,017
558,871
660,539
666,931
690,520
682,564
672,056
677,168
671,813
652,699
690,147
703,207
711,794
707,442
690,594
709,933
705,402
711,216
688,827
707,746
712,610
724,684
726,971
719,280
22,687

22,687

719,280

726,971

724,684

712,610

707,746

688,827

711,216

705,402

709,933

690,594

707,442

711,794

703,207

690,147

652,699

671,813

677,168

672,056

682,564

690,520

666,931

660,539

558,871

574,017

581,058

556,396

553,513

548,836

553,153

552,527

554,752

540,259

538,400

548,027

414,186

383,699

386,883

403,558

403,812

397,616

396,554

336,278

361,569

357,756

356,961

349,907

328,390

323,742

320,905

326,114

341,981

346,916

346,682

358,860

360,234

364,698

371,298

409,707

419,554

419,113

428,087

497,929

504,814

508,232

508,857

510,057

520,021

516,180

492,713

486,348

482,972

504,593

492,652

498,878

495,144

503,991

508,400

474,061

468,726

474,379

484,829

489,257

492,159

491,692

487,600

511,870

508,102

509,687

512,152

507,592

507,658

507,728

505,105

483,533

469,769

458,825

463,400

481,500

484,300

484,400

492,400

367,600

319,600

309,300

301,700

299,500

275,500

248,400

234,700

237,800

239,700

242,500

239,800

253,700

251,900

247,100

247,200

249,900

190,900

191,400

175,300

177,800

184,100

188,500

190,100

180,500

178,100

179,600

182,700

217,200

219,800

219,500

214,700

Property Plant Equipment

0
0
0
187,100
185,300
185,500
186,000
169,300
168,900
167,700
166,400
156,700
157,200
156,000
154,100
154,400
156,400
158,600
173,900
196,800
201,400
213,000
220,300
221,000
224,100
223,700
221,200
219,900
232,300
240,300
256,400
260,400
269,200
284,700
294,400
379,100
376,600
378,100
375,900
347,800
345,230
350,435
361,059
379,885
377,449
378,865
381,428
387,533
385,441
385,006
361,818
352,469
348,356
350,970
349,007
345,537
340,188
334,093
328,636
335,610
329,043
319,375
309,962
307,046
313,974
313,248
315,649
315,064
328,742
325,822
320,082
308,383
306,982
303,453
294,530
276,927
270,626
268,017
258,278
250,395
242,796
237,743
235,079
229,498
227,890
223,234
207,761
203,744
206,719
212,035
228,860
233,263
233,959
238,141
222,751
244,457
243,905
245,441
246,169
245,910
244,909
261,149
270,655
280,224
278,481
297,939
289,074
295,231
296,360
284,594
283,845
304,321
300,074
284,836
360,655
370,633
399,225
393,615
387,163
390,050
385,460
379,957
391,133
405,873
413,347
412,117
394,369
409,072
402,676
411,009
398,457
402,842
407,221
418,092
410,576
420,335
424,336

424,336

420,335

410,576

418,092

407,221

402,842

398,457

411,009

402,676

409,072

394,369

412,117

413,347

405,873

391,133

379,957

385,460

390,050

387,163

393,615

399,225

370,633

360,655

284,836

300,074

304,321

283,845

284,594

296,360

295,231

289,074

297,939

278,481

280,224

270,655

261,149

244,909

245,910

246,169

245,441

243,905

244,457

222,751

238,141

233,959

233,263

228,860

212,035

206,719

203,744

207,761

223,234

227,890

229,498

235,079

237,743

242,796

250,395

258,278

268,017

270,626

276,927

294,530

303,453

306,982

308,383

320,082

325,822

328,742

315,064

315,649

313,248

313,974

307,046

309,962

319,375

329,043

335,610

328,636

334,093

340,188

345,537

349,007

350,970

348,356

352,469

361,818

385,006

385,441

387,533

381,428

378,865

377,449

379,885

361,059

350,435

345,230

347,800

375,900

378,100

376,600

379,100

294,400

284,700

269,200

260,400

256,400

240,300

232,300

219,900

221,200

223,700

224,100

221,000

220,300

213,000

201,400

196,800

173,900

158,600

156,400

154,400

154,100

156,000

157,200

156,700

166,400

167,700

168,900

169,300

186,000

185,500

185,300

187,100

Goodwill

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
76,000
75,200
74,500
74,400
94,500
93,500
99,900
103,400
102,700
102,700
0
99,355
98,700
98,700
98,700
98,700
105,600
105,600
104,800
104,800
104,800
102,600
102,600
112,800
136,600
136,500
136,800
148,100
152,171
151,941
152,175
153,263
155,653
155,358
156,400
156,545
153,263
153,713
154,224
151,680
129,186
0
0
130,899
102,250
102,250
102,250
102,250
102,250
102,250
102,250
102,250
102,250
102,250
102,250
104,612
104,579
104,579
104,579
94,048
94,357
119,857
108,418
103,242
102,909
102,582
101,453
163,063
120,252
121,112
128,339
128,004
123,993
124,272
137,085
139,445
130,293
137,048
139,012
150,407
150,335
153,106
153,048
152,445
153,276
160,820
153,335
185,479
167,764
168,207
169,364
159,988
171,330
172,072
162,630
156,938
157,588
158,172
158,769
150,921
151,820
151,246

151,246

151,820

150,921

158,769

158,172

157,588

156,938

162,630

172,072

171,330

159,988

169,364

168,207

167,764

185,479

153,335

160,820

153,276

152,445

153,048

153,106

150,335

150,407

139,012

137,048

130,293

139,445

137,085

124,272

123,993

128,004

128,339

121,112

120,252

163,063

101,453

102,582

102,909

103,242

108,418

119,857

94,357

94,048

104,579

104,612

102,250

130,899

129,186

151,680

154,224

153,713

153,263

156,545

156,400

155,358

155,653

153,263

152,175

151,941

152,171

148,100

136,800

136,500

136,600

112,800

102,600

104,800

105,600

98,700

99,355

102,700

103,400

99,900

93,500

94,500

74,400

74,500

75,200

76,000

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
63,709
65,900
68,822
70,077
79,199
77,110
73,367
75,208
73,664
76,434
70,056
70,065
58,054
58,042
50,733
47,692
46,369
48,363
44,683
32,443
27,423
37,976
38,891
36,899
65,000
61,133
63,069
70,225
70,439
72,364
72,395
73,412
97,025
83,436
71,648

71,648

83,436

97,025

73,412

72,395

72,364

70,439

70,225

63,069

61,133

65,000

36,899

38,891

37,976

27,423

32,443

44,683

48,363

46,369

47,692

50,733

58,042

58,054

70,065

70,056

76,434

73,664

75,208

73,367

77,110

79,199

70,077

68,822

65,900

63,709

Intangible Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
76,000
75,200
74,500
74,400
94,500
93,540
99,925
103,362
102,673
101,567
100,461
0
98,749
98,749
98,749
98,749
105,551
105,638
104,822
104,849
104,849
102,570
102,570
112,791
136,615
136,549
136,782
148,102
152,171
151,941
152,175
153,263
155,653
155,358
156,400
156,545
153,263
153,713
154,224
151,680
129,186
0
0
130,899
102,250
102,250
102,250
102,250
102,250
102,250
102,250
102,250
102,250
102,250
102,250
104,612
104,579
104,579
104,579
94,048
99,857
119,857
108,418
103,242
18,500
102,582
101,453
163,063
40,636
40,617
39,050
37,386
36,168
35,573
36,332
36,943
42,008
40,735
39,237
64,786
61,971
61,558
62,727
60,609
60,082
56,582
63,004
62,474
77,207
77,784
76,886
63,579
61,714
60,794
60,508
55,540
54,785
53,859
52,926
46,798
46,208
44,721

44,721

46,208

46,798

52,926

53,859

54,785

55,540

60,508

60,794

61,714

63,579

76,886

77,784

77,207

62,474

63,004

56,582

60,082

60,609

62,727

61,558

61,971

64,786

39,237

40,735

42,008

36,943

36,332

35,573

36,168

37,386

39,050

40,617

40,636

163,063

101,453

102,582

18,500

103,242

108,418

119,857

99,857

94,048

104,579

104,612

102,250

130,899

129,186

151,680

154,224

153,713

153,263

156,545

156,400

155,358

155,653

153,263

152,175

151,941

152,171

148,102

136,782

136,549

136,615

112,791

102,570

104,849

104,822

105,638

105,551

98,749

100,461

101,567

102,673

103,362

99,925

93,540

94,500

74,400

74,500

75,200

76,000

Other Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
113,595
119,334
122,474
125,220
130,279
128,794
126,164
124,619
124,246
123,096
150,052
135,131
143,336
141,189
140,250
139,292
134,191
134,633
145,425
172,790
174,948
175,769
188,916
185,606
190,619
169,724
170,699
177,649
187,438
194,199
189,975
200,474
201,250
201,361
203,399
151,160
148,487
151,537
151,429
120,903
121,902
122,491
123,781
117,184
119,026
118,747
118,353
117,161
117,023
116,355
121,047
123,698
123,797
123,428
113,527
128,593
153,711
158,371
157,389
140,973
138,790
153,037
277,372
258,176
261,778
256,813
263,453
257,922
252,476
268,919
272,551
276,737
273,943
25,721
26,637
25,950
25,898
25,482
25,470
25,397
24,268
23,960
23,638
297,334
13,565
12,176
7,658
300,861
6,791
300,207
290,370
304,904
20,963
306,592
21,651
0
0

21,651

306,592

20,963

304,904

290,370

300,207

6,791

300,861

7,658

12,176

13,565

297,334

23,638

23,960

24,268

25,397

25,470

25,482

25,898

25,950

26,637

25,721

273,943

276,737

272,551

268,919

252,476

257,922

263,453

256,813

261,778

258,176

277,372

153,037

138,790

140,973

157,389

158,371

153,711

128,593

113,527

123,428

123,797

123,698

121,047

116,355

117,023

117,161

118,353

118,747

119,026

117,184

123,781

122,491

121,902

120,903

151,429

151,537

148,487

151,160

203,399

201,361

201,250

200,474

189,975

194,199

187,438

177,649

170,699

169,724

190,619

185,606

188,916

175,769

174,948

172,790

145,425

134,633

134,191

139,292

140,250

141,189

143,336

135,131

150,052

123,096

124,246

124,619

126,164

128,794

130,279

125,220

122,474

119,334

113,595

> Total Liabilities

0
0
0
215,600
190,500
179,400
169,700
182,200
184,800
176,400
186,200
168,100
163,200
157,700
152,200
147,600
165,700
175,100
195,100
188,900
195,600
193,100
186,500
164,900
167,500
170,500
171,400
160,900
171,100
167,300
211,800
192,100
198,100
194,200
214,100
372,200
366,800
372,000
366,400
334,300
339,373
342,216
322,249
295,874
283,491
311,138
271,488
242,861
223,712
234,681
222,705
234,003
222,357
234,028
233,657
240,118
250,619
283,686
272,304
611,978
640,843
626,722
664,641
674,793
666,090
772,739
708,302
657,793
706,326
786,579
703,924
715,944
728,012
680,879
664,515
457,648
398,466
417,357
434,430
441,199
470,635
481,716
458,632
443,099
522,337
476,108
473,854
462,842
523,244
337,993
514,306
566,189
586,454
560,232
566,201
548,859
524,647
556,914
520,163
532,662
517,028
500,299
525,343
479,099
474,538
501,703
489,517
511,039
798,176
791,258
719,187
784,145
783,779
924,295
838,335
806,289
893,131
812,706
778,169
708,804
780,639
633,186
680,661
727,508
830,316
815,521
602,305
471,973
539,806
501,349
455,102
428,435
492,152
433,482
412,512
400,585
445,872

445,872

400,585

412,512

433,482

492,152

428,435

455,102

501,349

539,806

471,973

602,305

815,521

830,316

727,508

680,661

633,186

780,639

708,804

778,169

812,706

893,131

806,289

838,335

924,295

783,779

784,145

719,187

791,258

798,176

511,039

489,517

501,703

474,538

479,099

525,343

500,299

517,028

532,662

520,163

556,914

524,647

548,859

566,201

560,232

586,454

566,189

514,306

337,993

523,244

462,842

473,854

476,108

522,337

443,099

458,632

481,716

470,635

441,199

434,430

417,357

398,466

457,648

664,515

680,879

728,012

715,944

703,924

786,579

706,326

657,793

708,302

772,739

666,090

674,793

664,641

626,722

640,843

611,978

272,304

283,686

250,619

240,118

233,657

234,028

222,357

234,003

222,705

234,681

223,712

242,861

271,488

311,138

283,491

295,874

322,249

342,216

339,373

334,300

366,400

372,000

366,800

372,200

214,100

194,200

198,100

192,100

211,800

167,300

171,100

160,900

171,400

170,500

167,500

164,900

186,500

193,100

195,600

188,900

195,100

175,100

165,700

147,600

152,200

157,700

163,200

168,100

186,200

176,400

184,800

182,200

169,700

179,400

190,500

215,600

> Total Current Liabilities

0
0
0
113,100
95,100
83,600
81,900
89,500
94,600
93,100
75,100
61,500
56,100
52,700
49,500
50,900
54,600
67,900
71,600
67,200
78,400
79,200
81,200
67,900
75,800
82,100
82,300
79,000
88,700
88,700
109,400
100,600
108,900
109,300
119,400
142,600
151,600
165,100
173,800
153,100
158,679
161,586
146,597
117,849
109,825
136,767
137,096
101,488
115,094
123,833
112,703
106,351
95,241
103,034
105,755
113,506
121,105
153,917
140,297
180,818
211,191
199,227
236,091
251,392
248,787
365,200
307,401
255,519
295,829
375,977
297,532
335,053
346,838
306,025
406,131
201,584
144,760
161,178
179,098
183,370
216,106
225,554
204,972
195,127
278,130
231,652
232,393
213,244
275,804
240,386
211,110
258,696
281,500
240,333
244,172
232,711
235,431
268,153
233,323
238,069
224,160
209,501
229,541
209,429
202,608
217,950
202,200
218,992
231,688
219,198
245,159
242,252
213,324
273,474
244,283
232,801
220,529
226,754
246,769
234,287
229,899
229,264
252,752
339,643
444,488
362,429
380,098
382,439
451,596
418,771
374,947
348,295
406,745
344,548
322,505
317,138
361,281

361,281

317,138

322,505

344,548

406,745

348,295

374,947

418,771

451,596

382,439

380,098

362,429

444,488

339,643

252,752

229,264

229,899

234,287

246,769

226,754

220,529

232,801

244,283

273,474

213,324

242,252

245,159

219,198

231,688

218,992

202,200

217,950

202,608

209,429

229,541

209,501

224,160

238,069

233,323

268,153

235,431

232,711

244,172

240,333

281,500

258,696

211,110

240,386

275,804

213,244

232,393

231,652

278,130

195,127

204,972

225,554

216,106

183,370

179,098

161,178

144,760

201,584

406,131

306,025

346,838

335,053

297,532

375,977

295,829

255,519

307,401

365,200

248,787

251,392

236,091

199,227

211,191

180,818

140,297

153,917

121,105

113,506

105,755

103,034

95,241

106,351

112,703

123,833

115,094

101,488

137,096

136,767

109,825

117,849

146,597

161,586

158,679

153,100

173,800

165,100

151,600

142,600

119,400

109,300

108,900

100,600

109,400

88,700

79,000

82,300

82,100

75,800

67,900

81,200

79,200

78,400

67,200

71,600

67,900

54,600

50,900

49,500

52,700

56,100

61,500

75,100

93,100

94,600

89,500

81,900

83,600

95,100

113,100

Short-term Debt

0
0
0
32,800
8,000
8,400
8,200
22,300
25,100
25,500
6,900
7,100
7,000
6,000
6,100
8,400
11,400
12,100
17,800
18,600
18,500
18,100
17,700
16,200
16,800
16,200
15,200
14,800
14,900
14,900
19,100
19,000
18,200
18,000
18,200
20,000
32,600
30,500
28,700
31,000
25,979
25,302
23,994
5,909
5,265
4,620
4,120
3,996
3,986
3,860
3,652
4,161
3,711
3,711
3,711
2,835
1,960
1,085
260
5,328
2,346
4,589
887
4,120
16,978
26,961
33,255
35,998
34,555
48,037
33,669
72,743
69,885
55,365
160,453
24,184
14,022
9,629
12,372
24,325
27,739
40,765
23,437
32,020
43,117
50,582
52,827
41,265
42,590
25,715
12,570
27,570
53,575
43,753
33,036
29,083
32,085
60,328
37,207
36,194
31,676
18,014
13,756
11,760
4,583
16,226
16,907
13,655
14,939
14,583
14,450
16,480
9,087
59,952
9,254
7,101
9,738
7,645
11,219
12,780
12,638
11,166
13,004
47,542
112,731
12,974
7,303
6,826
6,462
6,837
6,394
5,753
7,357
7,621
7,987
8,689
8,777

8,777

8,689

7,987

7,621

7,357

5,753

6,394

6,837

6,462

6,826

7,303

12,974

112,731

47,542

13,004

11,166

12,638

12,780

11,219

7,645

9,738

7,101

9,254

59,952

9,087

16,480

14,450

14,583

14,939

13,655

16,907

16,226

4,583

11,760

13,756

18,014

31,676

36,194

37,207

60,328

32,085

29,083

33,036

43,753

53,575

27,570

12,570

25,715

42,590

41,265

52,827

50,582

43,117

32,020

23,437

40,765

27,739

24,325

12,372

9,629

14,022

24,184

160,453

55,365

69,885

72,743

33,669

48,037

34,555

35,998

33,255

26,961

16,978

4,120

887

4,589

2,346

5,328

260

1,085

1,960

2,835

3,711

4,161

3,652

3,860

3,986

3,996

4,120

4,620

5,265

5,909

23,994

25,302

25,979

31,000

28,700

30,500

32,600

20,000

18,200

18,000

18,200

19,000

19,100

14,900

14,800

15,200

16,200

16,800

16,200

17,700

18,100

18,500

18,600

17,800

12,100

11,400

8,400

6,100

6,000

7,000

7,100

6,900

25,500

25,100

22,300

8,200

8,400

8,000

32,800

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
36,194
0
0
0
11,760
0
16,226
16,907
14,442
14,939
503,725
14,499
16,480
9,087
59,952
9,254
7,101
5,001
2,891
7,387
7,530
7,591
6,543
6,684
41,283
106,164
6,428
1,110
811
812
1,112
1,123
811
1,108
670
556
796
705

705

796

556

670

1,108

811

1,123

1,112

812

811

1,110

6,428

106,164

41,283

6,684

6,543

7,591

7,530

7,387

2,891

5,001

7,101

9,254

59,952

9,087

16,480

14,499

503,725

14,939

14,442

16,907

16,226

11,760

36,194

Accounts payable

0
0
0
11,900
21,200
17,800
16,500
19,200
25,800
23,400
26,000
25,700
21,900
18,600
19,900
15,600
16,200
25,000
22,000
21,600
31,200
29,300
23,400
16,900
23,200
24,500
22,100
18,300
25,200
28,300
36,800
30,500
32,700
32,700
34,600
46,600
50,400
52,100
51,800
50,000
51,414
49,343
50,067
43,733
38,760
45,724
42,436
34,209
45,808
54,947
40,059
41,004
35,950
37,717
37,326
42,081
55,519
63,856
56,478
79,723
115,872
99,179
117,282
124,216
114,510
206,171
142,577
96,095
136,888
181,136
134,569
140,497
151,840
130,182
125,239
63,732
52,476
59,871
70,380
73,837
89,061
98,336
80,140
67,849
123,031
86,574
65,743
65,545
97,836
89,914
65,513
87,574
82,140
76,713
76,725
80,897
109,452
101,671
92,342
100,735
100,813
89,715
113,597
88,051
98,324
105,138
92,451
103,175
117,251
105,880
125,032
102,503
115,425
112,090
121,412
103,754
107,301
106,055
102,084
85,644
94,251
93,579
108,063
147,741
177,174
190,403
180,509
180,793
226,712
208,869
166,978
128,000
179,244
155,096
141,930
120,485
160,133

160,133

120,485

141,930

155,096

179,244

128,000

166,978

208,869

226,712

180,793

180,509

190,403

177,174

147,741

108,063

93,579

94,251

85,644

102,084

106,055

107,301

103,754

121,412

112,090

115,425

102,503

125,032

105,880

117,251

103,175

92,451

105,138

98,324

88,051

113,597

89,715

100,813

100,735

92,342

101,671

109,452

80,897

76,725

76,713

82,140

87,574

65,513

89,914

97,836

65,545

65,743

86,574

123,031

67,849

80,140

98,336

89,061

73,837

70,380

59,871

52,476

63,732

125,239

130,182

151,840

140,497

134,569

181,136

136,888

96,095

142,577

206,171

114,510

124,216

117,282

99,179

115,872

79,723

56,478

63,856

55,519

42,081

37,326

37,717

35,950

41,004

40,059

54,947

45,808

34,209

42,436

45,724

38,760

43,733

50,067

49,343

51,414

50,000

51,800

52,100

50,400

46,600

34,600

32,700

30,500

36,800

28,300

25,200

18,300

22,100

24,500

23,200

16,900

23,400

29,300

31,200

21,600

22,000

25,000

16,200

15,600

19,900

18,600

21,900

25,700

26,000

23,400

25,800

19,200

16,500

17,800

21,200

11,900

Other Current Liabilities

0
0
0
68,400
65,900
57,400
57,200
48,000
43,700
44,200
42,200
28,700
27,200
28,100
23,500
26,900
27,000
30,800
31,800
27,000
28,700
31,800
40,100
34,800
35,800
41,400
45,000
45,900
48,600
45,500
53,500
51,100
58,000
58,600
66,600
76,000
68,600
82,500
93,300
72,100
81,286
86,941
72,536
68,207
45,455
86,423
69,069
63,283
65,300
40,181
43,969
34,987
34,891
38,518
39,425
42,959
37,324
55,219
47,317
57,775
68,792
66,907
83,653
84,961
89,561
95,088
88,987
80,145
93,988
110,269
90,772
81,829
95,935
88,850
67,655
96,456
45,599
58,182
62,911
66,717
70,631
58,089
76,112
76,031
92,754
75,196
94,520
67,115
135,378
124,757
111,721
117,114
117,796
91,437
105,454
114,625
85,877
97,065
94,811
76,584
68,571
80,230
80,046
109,618
99,701
96,586
92,842
102,162
81,249
79,384
105,677
103,866
88,812
69,882
96,318
105,331
84,550
94,459
116,206
114,769
103,497
84,110
131,685
144,360
154,583
159,052
192,286
194,820
218,422
203,065
201,575
214,542
220,144
181,831
172,588
165,164
192,371

192,371

165,164

172,588

181,831

220,144

214,542

201,575

203,065

218,422

194,820

192,286

159,052

154,583

144,360

131,685

84,110

103,497

114,769

116,206

94,459

84,550

105,331

96,318

69,882

88,812

103,866

105,677

79,384

81,249

102,162

92,842

96,586

99,701

109,618

80,046

80,230

68,571

76,584

94,811

97,065

85,877

114,625

105,454

91,437

117,796

117,114

111,721

124,757

135,378

67,115

94,520

75,196

92,754

76,031

76,112

58,089

70,631

66,717

62,911

58,182

45,599

96,456

67,655

88,850

95,935

81,829

90,772

110,269

93,988

80,145

88,987

95,088

89,561

84,961

83,653

66,907

68,792

57,775

47,317

55,219

37,324

42,959

39,425

38,518

34,891

34,987

43,969

40,181

65,300

63,283

69,069

86,423

45,455

68,207

72,536

86,941

81,286

72,100

93,300

82,500

68,600

76,000

66,600

58,600

58,000

51,100

53,500

45,500

48,600

45,900

45,000

41,400

35,800

34,800

40,100

31,800

28,700

27,000

31,800

30,800

27,000

26,900

23,500

28,100

27,200

28,700

42,200

44,200

43,700

48,000

57,200

57,400

65,900

68,400

> Long-term Liabilities

0
0
0
102,500
95,400
95,800
87,800
92,700
90,200
83,300
111,100
106,600
107,100
105,000
102,700
96,700
111,100
107,200
123,500
121,700
117,200
113,900
105,300
97,000
91,700
88,400
89,100
81,900
82,400
78,600
102,400
91,500
89,200
84,900
94,700
229,600
215,200
206,900
192,600
181,200
180,694
180,630
175,652
178,025
173,666
174,371
134,392
141,373
108,618
110,848
110,002
127,652
127,116
130,994
127,902
126,612
129,514
129,769
132,007
431,160
429,652
427,495
428,550
423,401
417,303
407,539
400,901
402,274
410,497
410,602
406,392
380,891
381,174
374,854
258,384
256,064
253,706
256,179
255,332
257,829
254,529
256,162
253,660
247,972
244,207
244,456
241,461
249,598
247,440
97,607
303,196
307,493
304,954
319,899
322,029
316,148
289,216
288,761
286,840
294,593
292,868
290,798
295,802
269,670
271,930
283,753
287,317
292,047
566,488
572,060
474,028
541,893
570,455
650,821
594,052
573,488
672,602
585,952
531,400
474,517
550,740
403,922
427,909
387,865
385,828
453,092
222,207
89,534
88,210
82,578
80,155
80,140
85,407
88,934
90,007
83,447
84,591

84,591

83,447

90,007

88,934

85,407

80,140

80,155

82,578

88,210

89,534

222,207

453,092

385,828

387,865

427,909

403,922

550,740

474,517

531,400

585,952

672,602

573,488

594,052

650,821

570,455

541,893

474,028

572,060

566,488

292,047

287,317

283,753

271,930

269,670

295,802

290,798

292,868

294,593

286,840

288,761

289,216

316,148

322,029

319,899

304,954

307,493

303,196

97,607

247,440

249,598

241,461

244,456

244,207

247,972

253,660

256,162

254,529

257,829

255,332

256,179

253,706

256,064

258,384

374,854

381,174

380,891

406,392

410,602

410,497

402,274

400,901

407,539

417,303

423,401

428,550

427,495

429,652

431,160

132,007

129,769

129,514

126,612

127,902

130,994

127,116

127,652

110,002

110,848

108,618

141,373

134,392

174,371

173,666

178,025

175,652

180,630

180,694

181,200

192,600

206,900

215,200

229,600

94,700

84,900

89,200

91,500

102,400

78,600

82,400

81,900

89,100

88,400

91,700

97,000

105,300

113,900

117,200

121,700

123,500

107,200

111,100

96,700

102,700

105,000

107,100

106,600

111,100

83,300

90,200

92,700

87,800

95,800

95,400

102,500

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
156,476
156,226
7,800
207,550
207,300
207,050
206,800
206,550
206,250
206,000
205,750
205,500
205,250
205,000
204,750
204,500
204,250
206,000
213,646
213,847
213,709
489,787
489,043
388,818
448,592
478,778
558,534
510,032
489,597
559,836
479,276
434,082
378,724
468,234
323,114
342,972
286,593
286,576
350,996
121,012
1,064
1,098
1,131
1,184
1,218
1,251
1,267
1,301
0
0

1,301

1,267

1,251

1,218

1,184

1,131

1,098

1,064

121,012

350,996

286,576

286,593

342,972

323,114

468,234

378,724

434,082

479,276

559,836

489,597

510,032

558,534

478,778

448,592

388,818

489,043

489,787

213,709

213,847

213,646

206,000

204,250

204,500

204,750

205,000

205,250

205,500

205,750

206,000

206,250

206,550

206,800

207,050

207,300

207,550

7,800

156,226

156,476

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
37,390
39,054
37,293
37,688
37,930
37,207
38,452
42,628
38,925
39,231
39,154
54,378
54,330
56,232
55,960
51,441
52,979
52,541
52,353
53,031
52,690
51,528
51,577
47,387
47,100
47,715
47,966
47,712
58,651
60,120
56,374
46,997
46,645
47,071
46,874
63,398
62,317
64,457
63,671
68,475
67,628
69,572
70,151
65,665
65,066
65,667
64,947
78,266
78,027
76,728
77,042
79,283
76,676
75,952
75,781
50,419
49,177
49,785
47,998
64,787
64,768
64,506
69,160
58,259
57,620
56,463
54,364
58,765
58,452
63,666
65,247
73,898
72,870
92,287
84,020
83,891
87,329
82,185
74,606
73,405
68,382
67,799
68,473
79,670
78,420
82,663
83,796
71,371
71,102
65,548
60,540
62,042
0
0
62,913
0
0

62,913

62,042

60,540

65,548

71,102

71,371

83,796

82,663

78,420

79,670

68,473

67,799

68,382

73,405

74,606

82,185

87,329

83,891

84,020

92,287

72,870

73,898

65,247

63,666

58,452

58,765

54,364

56,463

57,620

58,259

69,160

64,506

64,768

64,787

47,998

49,785

49,177

50,419

75,781

75,952

76,676

79,283

77,042

76,728

78,027

78,266

64,947

65,667

65,066

65,665

70,151

69,572

67,628

68,475

63,671

64,457

62,317

63,398

46,874

47,071

46,645

46,997

56,374

60,120

58,651

47,712

47,966

47,715

47,100

47,387

51,577

51,528

52,690

53,031

52,353

52,541

52,979

51,441

55,960

56,232

54,330

54,378

39,154

39,231

38,925

42,628

38,452

37,207

37,930

37,688

37,293

39,054

37,390

Deferred Long Term Liability

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14,856
13,187
13,079
18,604
20,910
21,228
37,147
39,698
35,975
34,039
33,226
33,342
24,556
23,100
21,542
22,142
7,161
8,310
13,644
19,106
19,573
18,249
19,351
19,963
19,403
18,807
19,650
17,299
16,615
18,940
18,595
17,260
21,094
19,513
19,635
18,066
16,842
17,127
16,363
13,393
14,347
15,861
11,712
11,428
0
17,561
18,821
0
0
0

18,821

17,561

11,428

11,712

15,861

14,347

13,393

16,363

17,127

16,842

18,066

19,635

19,513

21,094

17,260

18,595

18,940

16,615

17,299

19,650

18,807

19,403

19,963

19,351

18,249

19,573

19,106

13,644

8,310

7,161

22,142

21,542

23,100

24,556

33,342

33,226

34,039

35,975

39,698

37,147

21,228

20,910

18,604

13,079

13,187

14,856

> Total Stockholder Equity

0
0
0
200,000
200,800
202,100
198,400
152,600
156,500
162,200
166,500
204,400
209,000
213,900
219,300
222,100
227,400
208,600
233,300
241,900
250,100
260,900
273,500
285,900
299,400
313,300
330,500
348,100
364,200
380,900
397,200
418,000
437,400
460,600
484,800
502,100
521,800
544,900
558,000
569,400
575,498
603,554
617,064
614,105
623,566
643,906
667,570
672,933
694,858
722,942
766,572
753,523
757,822
771,687
793,548
814,858
834,765
858,792
877,882
351,686
365,193
375,386
396,771
422,908
457,648
525,745
577,358
588,814
604,267
643,942
675,529
710,495
737,788
765,027
765,283
700,683
694,458
719,339
737,799
713,167
740,815
755,436
777,025
788,736
832,299
854,305
856,189
855,688
893,065
904,343
495,047
506,908
525,202
617,158
661,749
703,405
725,469
760,823
774,562
762,150
774,863
811,200
815,433
827,285
854,804
872,655
893,772
898,684
467,875
493,371
516,903
522,111
538,755
557,701
568,986
548,356
565,398
588,271
607,648
643,468
645,687
670,681
717,621
776,745
841,146
945,716
1,107,562
1,222,118
1,370,400
1,510,463
1,625,242
1,790,914
1,962,307
2,116,230
2,221,241
2,337,445
2,424,374

2,424,374

2,337,445

2,221,241

2,116,230

1,962,307

1,790,914

1,625,242

1,510,463

1,370,400

1,222,118

1,107,562

945,716

841,146

776,745

717,621

670,681

645,687

643,468

607,648

588,271

565,398

548,356

568,986

557,701

538,755

522,111

516,903

493,371

467,875

898,684

893,772

872,655

854,804

827,285

815,433

811,200

774,863

762,150

774,562

760,823

725,469

703,405

661,749

617,158

525,202

506,908

495,047

904,343

893,065

855,688

856,189

854,305

832,299

788,736

777,025

755,436

740,815

713,167

737,799

719,339

694,458

700,683

765,283

765,027

737,788

710,495

675,529

643,942

604,267

588,814

577,358

525,745

457,648

422,908

396,771

375,386

365,193

351,686

877,882

858,792

834,765

814,858

793,548

771,687

757,822

753,523

766,572

722,942

694,858

672,933

667,570

643,906

623,566

614,105

617,064

603,554

575,498

569,400

558,000

544,900

521,800

502,100

484,800

460,600

437,400

418,000

397,200

380,900

364,200

348,100

330,500

313,300

299,400

285,900

273,500

260,900

250,100

241,900

233,300

208,600

227,400

222,100

219,300

213,900

209,000

204,400

166,500

162,200

156,500

152,600

198,400

202,100

200,800

200,000

Common Stock

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
100
100
100
0
100
100
0
200
200
200
200
200
200
200
200
200
200
400
400
400
400
400
400
400
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
401
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
802
1,604
1,604

1,604

802

401

400

200

100

Retained Earnings Total Equity

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
582,193
597,318
611,279
648,080
666,623
673,276
682,380
711,154
725,244
736,917
749,777
772,465
860,098
896,428
908,274
928,729
959,522
979,079
992,798
1,010,505
1,039,882
1,053,395
1,063,543
1,087,927
1,110,010
1,130,249
1,141,831
705,240
727,110
743,560
743,503
761,319
788,753
803,627
824,737
834,798
857,121
880,537
903,070
929,810
951,992
988,983
1,019,694
1,075,410
1,176,812
1,340,337
1,458,489
1,602,496
1,794,811
1,935,137
0
2,215,939
2,376,618
0
0
0

2,376,618

2,215,939

1,935,137

1,794,811

1,602,496

1,458,489

1,340,337

1,176,812

1,075,410

1,019,694

988,983

951,992

929,810

903,070

880,537

857,121

834,798

824,737

803,627

788,753

761,319

743,503

743,560

727,110

705,240

1,141,831

1,130,249

1,110,010

1,087,927

1,063,543

1,053,395

1,039,882

1,010,505

992,798

979,079

959,522

928,729

908,274

896,428

860,098

772,465

749,777

736,917

725,244

711,154

682,380

673,276

666,623

648,080

611,279

597,318

582,193

Accumulated Other Comprehensive Income

0
0
0
0
0
0
0
-10,900
-10,900
-10,900
-10,900
-21,400
-21,400
-21,400
-21,400
-29,700
-4,800
-5,200
-4,000
-40,400
-5,600
-5,200
-50,800
-5,000
-5,000
-5,000
-5,000
-5,600
-6,200
-5,200
-8,800
-6,400
-7,600
-9,200
-4,800
-6,600
-11,600
-13,800
-5,800
-8,100
-8,535
-11,732
-15,228
-11,826
-18,110
-19,388
-14,761
-22,038
-18,765
-10,819
-13,075
-21,133
-20,755
-16,111
-15,688
-5,586
-3,770
-3,360
-3,920
3,085
904
-2,558
-2,284
-8,848
-8,436
1,471
3,177
12,503
14,414
19,563
22,711
31,808
34,458
36,802
20,992
-48,113
-48,739
-26,785
-31,996
-36,104
-40,085
-39,721
-33,999
-37,046
-31,054
-29,214
-38,714
-49,409
-41,798
-45,950
-39,959
-42,623
-48,057
-46,375
-39,327
-10,819
-10,785
-8,729
-15,309
-42,923
-49,429
-44,195
-55,084
-54,990
-53,547
-59,472
-58,401
-66,956
-62,041
-60,454
-54,377
-51,056
-47,614
-58,101
-62,957
-79,792
-72,881
-74,754
-79,823
-68,770
-90,165
-89,799
-81,111
-54,883
-48,528
-48,262
-52,155
-53,347
-47,442
-72,930
-103,323
-64,175
-51,951
-46,249
-59,276
-47,221
-51,754

-51,754

-47,221

-59,276

-46,249

-51,951

-64,175

-103,323

-72,930

-47,442

-53,347

-52,155

-48,262

-48,528

-54,883

-81,111

-89,799

-90,165

-68,770

-79,823

-74,754

-72,881

-79,792

-62,957

-58,101

-47,614

-51,056

-54,377

-60,454

-62,041

-66,956

-58,401

-59,472

-53,547

-54,990

-55,084

-44,195

-49,429

-42,923

-15,309

-8,729

-10,785

-10,819

-39,327

-46,375

-48,057

-42,623

-39,959

-45,950

-41,798

-49,409

-38,714

-29,214

-31,054

-37,046

-33,999

-39,721

-40,085

-36,104

-31,996

-26,785

-48,739

-48,113

20,992

36,802

34,458

31,808

22,711

19,563

14,414

12,503

3,177

1,471

-8,436

-8,848

-2,284

-2,558

904

3,085

-3,920

-3,360

-3,770

-5,586

-15,688

-16,111

-20,755

-21,133

-13,075

-10,819

-18,765

-22,038

-14,761

-19,388

-18,110

-11,826

-15,228

-11,732

-8,535

-8,100

-5,800

-13,800

-11,600

-6,600

-4,800

-9,200

-7,600

-6,400

-8,800

-5,200

-6,200

-5,600

-5,000

-50,800

-5,200

-5,600

-40,400

-4,000

-5,200

-4,800

-29,700

-21,400

-10,900

Capital Surplus

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
263,410
262,743
263,233
263,996
265,135
265,830
266,936
267,957
269,105
267,516
267,826
268,491
270,620
266,738
267,142
267,293
269,427
267,361
268,575
269,636
270,784
269,529
271,158
273,576
274,928
271,476
273,345
273,129
274,750
272,667
274,585
276,429
277,987
274,767
276,849
278,800
280,626
276,198
278,609
280,197
281,856
277,663
280,051
282,713
285,148
283,285
286,208
288,802
291,228
294,402
297,270
303,133
309,705
313,647
0
0

313,647

309,705

303,133

297,270

294,402

291,228

288,802

286,208

283,285

285,148

282,713

280,051

277,663

281,856

280,197

278,609

276,198

280,626

278,800

276,849

274,767

277,987

276,429

274,585

272,667

274,750

273,129

273,345

271,476

274,928

273,576

271,158

269,529

270,784

269,636

268,575

267,361

269,427

267,293

267,142

266,738

270,620

268,491

267,826

267,516

269,105

267,957

266,936

265,830

265,135

263,996

263,233

262,743

263,410

Treasury Stock

-524,646

-505,616

-505,647

-503,448

-474,258

-470,034

-464,707

-468,784

-469,251

-468,919

-468,716

-474,170

-474,957

-470,243

-470,066

-475,524

-476,121

-474,240

-447,253

-451,740

-452,181

-445,723

-445,749

-448,837

-449,255

-450,338

-450,354

-453,613

-453,954

-453,228

-453,209

-456,073

-456,651

-457,102

-457,371

-460,199

-460,570

-461,593

-462,491

-467,586

-468,098

-468,473

-469,828

-44,457

-44,649

-44,620

-44,604

-48,640

-49,124

-49,131

-49,438

-50,847

-52,695

-53,514

-53,523

-64,484

-64,634

-64,639

-65,492

-65,859

-65,903

-66,015

-66,867

-67,034

-67,206

-68,478

-70,481

-74,967

-75,103

-75,725

-75,887

-80,268

-80,248

-87,499

-87,545

-94,562

-94,655

-94,647

-94,798

-94,848

-95,124

-98,230

-99,199

-99,760

-99,790

-100,408

-100,616

-77,303

-74,909

-74,979

Other Stockholders Equity

0
0
0
200,000
199,300
198,600
197,000
207,200
207,900
210,200
210,600
252,900
253,300
252,900
252,600
257,700
232,400
206,700
224,700
260,300
223,600
223,300
270,000
223,900
224,100
224,100
225,100
225,500
226,500
225,800
227,700
226,400
227,800
232,700
233,700
235,100
238,100
238,000
222,500
212,700
193,100
197,800
199,000
172,100
142,529
311,481
176,400
184,400
182,000
175,600
177,200
185,223
185,022
180,487
180,048
170,158
171,965
171,692
176,582
169,586
175,893
179,586
325,271
178,074
190,948
184,145
187,903
189,414
190,771
191,755
192,729
193,595
195,188
196,127
197,483
197,783
198,758
199,339
207,899
208,567
210,015
212,836
213,325
214,036
245,999
245,705
259,889
221,907
223,510
224,698
-202,253
-200,292
-199,698
-197,342
-196,051
-194,295
-193,031
-190,477
-190,338
-188,450
-187,437
-185,500
-183,767
-182,015
-180,378
-178,685
-178,878
-176,993
-176,084
-174,075
-173,459
-171,189
-175,366
-173,854
-172,414
-197,183
-197,202
-194,652
-193,691
-191,404
-194,925
-192,314
-191,053
-188,868
-186,538
-183,636
-181,422
-183,826
-185,456
-212,220
-207,374
-205,509
1,839,573
-214,941
-212,442
-211,238
-235,426

-235,426

-211,238

-212,442

-214,941

1,839,573

-205,509

-207,374

-212,220

-185,456

-183,826

-181,422

-183,636

-186,538

-188,868

-191,053

-192,314

-194,925

-191,404

-193,691

-194,652

-197,202

-197,183

-172,414

-173,854

-175,366

-171,189

-173,459

-174,075

-176,084

-176,993

-178,878

-178,685

-180,378

-182,015

-183,767

-185,500

-187,437

-188,450

-190,338

-190,477

-193,031

-194,295

-196,051

-197,342

-199,698

-200,292

-202,253

224,698

223,510

221,907

259,889

245,705

245,999

214,036

213,325

212,836

210,015

208,567

207,899

199,339

198,758

197,783

197,483

196,127

195,188

193,595

192,729

191,755

190,771

189,414

187,903

184,145

190,948

178,074

325,271

179,586

175,893

169,586

176,582

171,692

171,965

170,158

180,048

180,487

185,022

185,223

177,200

175,600

182,000

184,400

176,400

311,481

142,529

172,100

199,000

197,800

193,100

212,700

222,500

238,000

238,100

235,100

233,700

232,700

227,800

226,400

227,700

225,800

226,500

225,500

225,100

224,100

223,900

270,000

223,300

223,600

260,300

224,700

206,700

232,400

257,700

252,600

252,900

253,300

252,900

210,600

210,200

207,900

207,200

197,000

198,600

199,300

200,000

Balance Sheet

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31
Accounts Payable	120,485	128,000	180,793	147,741	85,644	103,754	102,503	103,175	88,051	100,735	80,897	87,574	65,545	67,849	73,837	63,732	140,497	96,095	124,216	79,723	42,081	41,004	34,209	43,733	50,000	46,600	30,500	18,300	16,900	21,600	15,600	25,700	19,200	11,900
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	-47,221	-64,175	-53,347	-54,883	-68,770	-79,792	-51,056	-66,956	-54,990	-42,923	-10,819	-42,623	-49,409	-37,046	-36,104	-48,113	31,808	12,503	-8,848	3,085	-5,586	-21,133	-22,038	-11,826	-8,100	-6,600	-6,400	-5,600	-5,000	-40,400	-29,700	-21,400	-10,900	0
Additional Paid In Capital	0	0	0	0	0	0	274,585	273,345	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	34,576	21,822	23,114	27,861	27,638	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	1,604	802	802	802	802	802	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	297,270	286,208	280,051	278,609	276,849	274,585	273,345	271,158	268,575	267,142	267,826	266,936	263,233	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	1,174,121	461,018	87,924	119,075	97,944	72,616	120,269	351,317	274,844	352,134	311,800	198,934	514,162	394,139	346,001	278,860	308,618	200,471	129,685	47,449	255,088	217,601	121,862	100,268	149,500	80,600	70,000	97,000	48,400	34,500	77,300	44,500	7,500	40,700
Cash And Equivalents	0	461,018	87,924	119,075	97,944	72,616	120,269	351,317	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	1,272,267	678,881	87,924	119,075	97,944	72,616	120,269	351,317	274,844	352,134	311,800	198,934	514,162	394,139	346,001	278,860	308,618	200,471	129,685	47,449	255,088	217,601	121,862	100,268	149,500	80,600	70,000	97,000	48,400	34,500	77,300	44,500	7,500	40,700
Common Stock	1,604	802	802	802	802	802	802	802	802	802	401	401	401	401	401	401	401	401	401	401	401	401	401	401	400	400	200	200	200	0	0	0	0	0
Common Stock Shares Outstanding	113,662	113,110	113,596	112,780	112,686	114,538	114,968	114,629	114,109	113,536	112,968	143,296	76,392	75,538	74,848	74,618	74,446	74,492	74,206	73,822	76,271	74,096	74,490	76,192	79,210	79,288	78,427	77,962	76,581	79,120	82,745	79,048	77,345	80,000
Common Stock Total Equity	0	0	802	802	802	802	802	802	802	800	400	400	401	400	400	400	400	400	401	400	400	400	400	400	400	400	200	200	200	0	0	0	0	0
Current Deferred Revenue	22,800	0	0	0	21,094	16,615	19,403	0	0	24,556	8,106	26,438	0	19,227	18,491	17,212	39,984	43,281	38,095	37,992	25,631	26,199	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	14,347	16,842	21,094	16,615	19,403	19,573	7,161	24,556	35,975	20,910	14,856	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	151,820	157,588	171,330	167,764	153,276	150,335	130,293	123,993	120,252	102,909	94,357	104,579	102,250	102,250	102,250	129,186	153,263	155,653	152,171	136,600	104,800	105,600	98,700	102,700	94,500	76,000	0	0	0	0	0	0	0	0
Intangible Assets	46,208	54,785	61,714	77,207	60,082	61,971	42,008	36,168	40,636	18,500	99,857	104,579	102,250	102,250	102,250	129,186	153,263	155,653	152,171	136,615	104,849	105,551	98,749	102,673	94,500	76,000	0	0	0	0	0	0	0	0
Inventory	380,248	448,919	430,244	315,002	292,107	329,795	327,901	242,013	239,378	256,585	251,716	229,434	219,193	209,892	191,262	210,609	269,032	258,647	196,987	187,853	140,548	142,953	126,629	142,325	119,600	134,700	98,200	76,600	66,400	74,400	53,100	69,600	82,300	97,700
Liabilities And Stockholders Equity	2,759,301	2,242,399	1,728,936	1,528,568	1,370,940	1,369,549	1,320,173	1,447,476	1,338,801	1,328,096	1,284,726	1,104,155	1,347,604	1,258,996	1,180,141	1,182,913	1,449,204	1,268,907	1,104,638	963,731	1,055,184	987,947	916,065	910,276	904,100	874,700	610,800	509,400	450,800	430,800	369,700	372,500	334,800	415,600
Long Term Debt	185	1,218	1,064	286,593	378,724	489,597	448,592	213,709	204,250	205,250	206,250	207,300	156,476	158,226	158,226	158,726	281,738	308,154	312,070	310,650	11,437	14,005	46,977	100,975	0	0	0	0	0	0	0	0	0	0
Long Term Debt Total	0	1,218	1,064	286,593	378,724	489,597	448,592	213,709	204,250	205,250	206,250	207,300	156,476	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	83,436	72,364	61,133	37,976	48,363	58,042	76,434	77,110	65,900	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	-1,138,564	-437,167	-62,935	236,662	315,948	424,082	344,803	-123,953	-58,834	-110,690	-76,467	35,936	-316,421	-203,893	-163,450	-95,950	45,863	143,681	186,505	268,529	-240,816	-199,435	-70,889	6,616	400	114,000	2,100	-37,400	27,500	60,200	-14,600	25,000	60,000	46,100
Net Invested Capital	2,338,426	1,792,943	1,223,993	1,104,621	1,029,722	1,045,054	987,183	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	351,561	380,352	471,859	357,532	269,943	273,417	244,795	256,291	251,571	275,065	271,847	271,093	250,027	269,258	228,739	219,035	323,003	281,679	248,395	201,396	163,006	132,427	148,808	152,157	167,900	155,600	128,900	88,900	83,700	66,900	59,200	59,800	58,500	53,800
Net Tangible Assets	0	1,578,541	1,222,118	531,774	430,110	336,050	349,810	738,523	666,397	659,241	609,048	402,329	753,438	788,736	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	1,722,883	1,186,358	636,564	485,718	459,485	469,817	496,863	675,331	590,972	703,144	655,461	488,498	813,455	717,187	625,473	553,242	605,294	520,675	360,594	274,513	456,849	393,996	302,425	287,322	287,600	239,700	208,500	195,700	143,100	116,400	143,500	120,900	62,600	87,800
Non Current Assets Total	719,280	707,746	709,933	703,207	677,168	666,931	581,058	553,153	538,400	386,883	396,554	356,961	320,905	346,682	371,298	428,087	508,857	492,713	492,652	508,400	484,829	487,600	512,152	505,105	463,400	492,400	301,700	234,700	239,800	247,200	175,300	190,100	182,700	214,700
Non Current Liabilities Other	10,353	16,349	21,813	84,430	74,699	67,276	73,898	58,765	58,259	64,787	50,419	79,283	78,266	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	83,447	80,140	89,534	387,865	474,517	573,488	541,893	292,047	269,670	294,593	316,148	307,493	249,598	247,972	257,829	256,064	380,891	402,274	423,401	431,160	126,612	127,652	141,373	178,025	181,200	229,600	91,500	81,900	97,000	121,700	96,700	106,600	92,700	102,500
Non Currrent Assets Other	-28,829	3,909	300,861	297,334	287,118	9,335	8,599	1,078	24,227	140,973	152,097	123,698	117,161	117,184	120,903	151,160	47,211	21,996	33,435	36,175	34,443	29,580	25,870	22,547	21,100	37,300	39,300	11,900	16,100	50,400	20,900	33,400	13,400	27,600
Noncontrolling Interest In Consolidated Entity	0	0	34,845	24,315	18,668	14,904	13,917	37,753	32,417	33,284	32,462	31,058	29,074	27,161	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	304,904	300,861	297,334	25,397	25,950	28,002	20,651	31,388	19,600	28,736	19,119	14,911	14,934	18,653	21,974	47,211	21,996	33,435	36,175	34,443	29,580	25,870	22,547	0	0	0	0	0	0	0	0	0	0
Other Current Assets	35,945	26,501	28,976	33,752	33,778	26,790	46,150	44,702	34,608	57,429	52,809	47,733	43,317	39,025	42,841	46,322	19,841	13,976	17,019	3,357	2,678	2,860	3,960	10,421	3,700	11,400	12,000	12,200	12,500	7,800	4,800	8,500	3,800	8,700
Other Current Liab	165,164	214,542	194,820	144,360	135,863	105,331	103,866	102,162	109,618	76,584	114,625	117,114	106,434	76,031	66,717	96,456	81,829	80,145	84,961	57,775	42,959	34,987	63,283	68,207	72,100	76,000	51,100	45,900	34,800	27,000	26,900	28,700	48,000	68,400
Other Liab	0	62,042	71,371	79,670	73,405	83,891	93,301	78,338	63,728	64,787	50,419	79,283	78,266	65,665	68,475	63,398	46,997	47,712	47,387	53,031	51,441	54,378	42,628	37,688	0	0	0	0	0	0	0	0	0	0
Other Stockholder Equity	-211,238	-205,509	-183,826	-188,868	-191,634	-197,391	-171,194	-176,993	-182,060	-188,450	-194,295	-200,292	221,907	214,036	208,567	197,783	193,595	189,414	178,074	169,586	170,158	185,223	184,400	172,100	212,700	235,100	226,400	225,500	223,900	260,300	257,700	252,900	207,200	200,000
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	1,037,097	402,842	409,072	405,873	390,050	370,633	304,321	295,231	280,224	245,900	244,500	233,300	203,744	229,500	250,400	276,900	308,400	315,100	307,046	335,600	345,500	352,500	387,500	379,900	347,800	379,100	260,400	219,900	221,000	196,800	154,400	156,700	169,300	187,100
Property Plant And Equipment Net	420,335	402,842	409,072	405,873	390,050	370,633	304,321	295,231	280,224	245,910	244,457	233,263	203,744	229,498	250,395	276,927	308,383	315,064	307,046	335,610	345,537	352,469	387,533	379,885	347,800	379,100	260,400	219,900	221,000	196,800	154,400	156,700	169,300	187,100
Property Plant Equipment	0	402,842	409,072	376,572	363,128	370,633	304,321	295,231	280,224	245,910	244,457	233,263	203,744	229,498	250,395	276,927	308,383	315,064	307,046	335,610	345,537	352,469	387,533	379,885	0	0	0	0	0	0	0	0	0	0
Retained Earnings	2,594,300	2,059,796	1,458,489	1,019,694	903,070	824,737	743,503	1,141,831	1,063,543	992,798	908,274	749,777	682,380	611,279	540,218	550,501	484,534	386,038	253,433	175,537	655,495	610,114	532,122	465,167	372,500	273,200	197,800	128,000	66,800	22,000	-5,900	-27,100	-43,700	0
Retained Earnings Total Equity	0	0	1,458,489	1,019,694	903,070	824,737	743,503	1,141,831	1,063,543	992,798	908,274	749,777	682,380	611,279	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	796	811	811	41,283	7,530	7,101	16,480	13,655	11,760	36,194	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	35,557	23,851	24,989	355,737	413,892	496,698	465,072	227,364	216,010	241,444	235,333	234,870	197,741	190,246	182,551	182,910	354,481	344,152	316,190	315,978	14,272	18,166	50,973	106,884	149,900	194,600	72,100	59,600	75,900	94,700	62,700	69,500	67,500	86,800
Short Term Debt	8,689	5,753	6,826	47,542	12,780	7,101	16,480	13,655	11,760	36,194	29,083	27,570	41,265	32,020	24,325	24,184	72,743	35,998	4,120	5,328	2,835	4,161	3,996	5,909	31,000	20,000	19,000	14,800	16,200	18,600	8,400	7,100	22,300	32,800
Short Term Investments	98,146	217,863	0	37,976	48,363	58,042	76,434	9,000	65,900	8,100	5,200	3,700	13,000	9,200	9,300	15,300	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	2,759,301	2,242,399	1,728,936	1,528,568	1,370,940	1,369,549	1,320,173	1,447,476	1,338,801	1,328,096	1,284,726	1,104,155	1,347,604	1,258,996	1,180,141	1,182,913	1,449,204	1,268,907	1,104,638	963,731	1,055,184	987,947	916,065	910,276	904,100	874,700	610,800	509,400	450,800	430,800	369,700	372,500	334,800	415,600
Total Current Assets	2,040,021	1,534,653	1,019,003	825,361	693,772	702,618	739,115	894,323	800,401	941,213	888,172	747,194	1,026,699	912,314	808,843	754,826	940,347	776,194	611,986	455,331	570,355	500,347	403,913	405,171	440,700	382,300	309,100	274,700	211,000	183,600	194,400	182,400	152,100	200,900
Total Current Liabilities	317,138	348,295	382,439	339,643	234,287	232,801	242,252	218,992	209,429	238,069	232,711	258,696	213,244	195,127	183,370	201,584	335,053	255,519	251,392	180,818	113,506	106,351	101,488	117,849	153,100	142,600	100,600	79,000	67,900	67,200	50,900	61,500	89,500	113,100
Total Liab	400,585	428,435	471,973	727,508	708,804	806,289	784,145	511,039	479,099	532,662	548,859	566,189	462,842	443,099	441,199	457,648	715,944	657,793	674,793	611,978	240,118	234,003	242,861	295,874	334,300	372,200	192,100	160,900	164,900	188,900	147,600	168,100	182,200	215,600
Total Permanent Equity	0	0	0	0	0	0	536,028	936,437	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	2,337,445	1,790,914	1,222,118	776,745	643,468	548,356	522,111	898,684	827,285	762,150	703,405	506,908	855,688	788,736	713,167	700,683	710,495	588,814	422,908	351,686	814,858	753,523	672,933	614,105	569,400	502,100	418,000	348,100	285,900	241,900	222,100	204,400	152,600	200,000
Treasury Stock	0	0	-470,034	-468,919	-470,243	-474,240	-445,723	-450,338	-453,228	-457,102	-461,593	-468,473	-44,620	-49,131	-53,514	-64,484	-65,859	-67,034	-74,967	-80,268	-94,562	-94,798	-99,199	-100,616	0	0	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31
Accounts Payable	160,133	120,485	141,930	155,096	179,244	128,000	166,978	208,869	226,712	180,793	180,509	190,403	177,174	147,741	108,063	93,579	94,251	85,644	102,084	106,055	107,301	103,754	121,412	112,090	115,425	102,503	125,032	105,880	117,251	103,175	92,451	105,138	98,324	88,051	113,597	89,715	100,813	100,735	92,342	101,671	109,452	80,897	76,725	76,713	82,140	87,574	65,513	89,914	97,836	65,545	65,743	86,574	123,031	67,849	80,140	98,336	89,061	73,837	70,380	59,871	52,476	63,732	125,239	130,182	151,840	140,497	134,569	181,136	136,888	96,095	142,577	206,171	114,510	124,216	117,282	99,179	115,872	79,723	56,478	63,856	55,519	42,081	37,326	37,717	35,950	41,004	40,059	54,947	45,808	34,209	42,436	45,724	38,760	43,733	50,067	49,343	51,414	50,000	51,800	52,100	50,400	46,600	34,600	32,700	32,700	30,500	36,800	28,300	25,200	18,300	22,100	24,500	23,200	16,900	23,400	29,300	31,200	21,600	22,000	25,000	16,200	15,600	19,900	18,600	21,900	25,700	26,000	23,400	25,800	19,200	16,500	17,800	21,200	11,900	-	-	-
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Accumulated Other Comprehensive Income	-51,754	-47,221	-59,276	-46,249	-51,951	-64,175	-103,323	-72,930	-47,442	-53,347	-52,155	-48,262	-48,528	-54,883	-81,111	-89,799	-90,165	-68,770	-79,823	-74,754	-72,881	-79,792	-62,957	-58,101	-47,614	-51,056	-54,377	-60,454	-62,041	-66,956	-58,401	-59,472	-53,547	-54,990	-55,084	-44,195	-49,429	-42,923	-15,309	-8,729	-10,785	-10,819	-39,327	-46,375	-48,057	-42,623	-39,959	-45,950	-41,798	-49,409	-38,714	-29,214	-31,054	-37,046	-33,999	-39,721	-40,085	-36,104	-31,996	-26,785	-48,739	-48,113	20,992	36,802	34,458	31,808	22,711	19,563	14,414	12,503	3,177	1,471	-8,436	-8,848	-2,284	-2,558	904	3,085	-3,920	-3,360	-3,770	-5,586	-15,688	-16,111	-20,755	-21,133	-13,075	-10,819	-18,765	-22,038	-14,761	-19,388	-18,110	-11,826	-15,228	-11,732	-8,535	-8,100	-5,800	-13,800	-11,600	-6,600	-4,800	-9,200	-7,600	-6,400	-8,800	-5,200	-6,200	-5,600	-5,000	-5,000	-5,000	-5,000	-50,800	-5,200	-5,600	-40,400	-4,000	-5,200	-4,800	-29,700	-21,400	-21,400	-21,400	-21,400	-10,900	-10,900	-10,900	-10,900	0	0	0	-	-	-	-
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	274,585	0	0	0	273,345	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Lease Obligations	33,523	34,576	33,224	30,547	29,022	21,822	23,702	21,624	21,660	23,114	23,592	25,979	27,399	27,861	22,784	17,632	19,171	27,638	26,544	29,245	30,174	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Stock	1,604	1,604	802	802	802	802	802	802	802	802	802	802	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Surpluse	0	0	313,647	309,705	303,133	297,270	294,402	291,228	288,802	286,208	283,285	285,148	282,713	280,051	277,663	281,856	280,197	278,609	276,198	280,626	278,800	276,849	274,767	277,987	276,429	274,585	272,667	274,750	273,129	273,345	271,476	274,928	273,576	271,158	269,529	270,784	269,636	268,575	267,361	269,427	267,293	267,142	266,738	270,620	268,491	267,826	267,516	269,105	267,957	266,936	265,830	265,135	263,996	263,233	262,743	263,410	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Cash	1,357,952	1,174,121	979,790	771,317	611,399	461,018	483,496	202,501	139,255	87,924	104,789	110,681	129,876	119,075	113,640	123,610	154,283	97,944	100,338	91,440	97,596	72,616	104,735	281,445	91,573	120,269	106,344	167,555	146,891	351,317	297,793	283,161	270,149	274,844	220,745	299,147	326,894	352,134	259,858	242,199	233,475	311,800	322,177	261,667	183,866	198,934	165,755	373,680	526,885	514,162	448,853	345,039	413,922	394,139	400,116	397,155	397,180	346,001	353,874	333,959	300,336	278,860	308,351	273,620	274,280	308,618	273,211	247,916	194,489	200,471	170,463	138,887	83,222	129,685	108,012	69,140	69,720	47,449	291,915	263,687	208,332	255,088	219,280	207,354	194,915	217,601	184,570	129,178	107,410	121,862	133,520	139,729	87,615	100,268	135,144	136,985	125,575	149,500	156,600	131,700	90,100	80,600	62,100	87,900	76,100	70,000	44,300	36,400	67,200	97,000	77,500	52,800	45,500	48,400	31,200	19,500	23,900	34,500	39,800	58,600	79,400	77,300	67,000	55,600	45,100	44,500	15,400	3,300	11,500	7,500	12,300	14,800	14,400	40,700	-	-	-
Cash And Equivalents	0	0	979,790	771,317	611,399	461,018	483,496	202,501	139,255	87,924	104,789	110,681	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Cash And Short Term Investments	0	1,272,267	1,104,470	898,368	782,396	678,881	483,496	202,501	139,255	87,924	104,789	110,681	129,876	119,075	113,640	123,610	154,283	97,944	100,338	91,440	97,596	72,616	104,735	281,445	91,573	120,269	106,344	167,555	146,891	351,317	297,793	283,161	270,149	274,844	220,745	299,147	326,894	352,134	259,858	242,199	233,475	311,800	322,177	261,667	183,866	198,934	165,755	373,680	526,885	514,162	448,853	345,039	413,922	394,139	400,116	397,155	397,180	346,001	353,874	333,959	300,336	278,860	308,351	273,620	274,280	308,618	273,211	247,916	194,489	200,471	170,463	138,887	83,222	129,685	108,012	69,140	69,720	47,449	291,915	263,687	208,332	255,088	219,280	207,354	194,915	217,601	184,570	129,178	107,410	121,862	133,520	139,729	87,615	100,268	135,144	136,985	125,575	149,500	156,600	131,700	90,100	80,600	62,100	87,900	76,100	70,000	44,300	36,400	67,200	97,000	77,500	52,800	45,500	48,400	31,200	19,500	23,900	34,500	39,800	58,600	79,400	77,300	67,000	55,600	45,100	44,500	15,400	3,300	11,500	7,500	12,300	14,800	14,400	40,700	-	-	-
Common Stock	1,604	1,604	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	802	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	401	400	400	400	400	400	400	400	200	200	200	200	200	200	200	200	200	200	0	100	100	0	100	100	100	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Common Stock Shares Outstanding	114,350	113,981	113,868	114,000	112,800	112,718	112,848	113,056	113,820	113,800	113,616	113,624	113,706	113,825	112,732	112,388	113,737	112,960	112,628	112,628	112,508	114,260	115,954	114,622	114,895	115,276	114,886	115,138	115,335	115,319	115,458	113,858	114,520	115,456	114,839	114,071	113,848	113,674	113,488	113,440	113,542	113,327	113,020	112,842	113,922	112,424	151,828	76,930	76,916	76,700	76,722	76,186	75,972	75,700	75,604	75,434	75,364	75,200	75,092	74,526	74,286	74,300	74,624	74,918	74,562	74,300	74,618	74,528	74,288	74,500	74,710	74,624	74,162	74,200	74,240	74,130	74,302	73,900	73,828	73,784	73,816	74,000	73,714	73,606	73,542	73,700	73,674	74,396	74,658	74,500	74,596	74,562	74,268	74,100	76,550	76,638	77,506	78,300	79,697	79,375	78,909	78,700	80,000	78,800	78,776	78,600	78,696	77,619	79,000	78,300	77,143	77,222	78,235	79,600	77,333	76,429	74,815	76,000	73,913	81,111	80,000	80,000	80,000	81,538	76,364	78,000	78,000	75,556	73,333	70,000	70,000	80,000	75,000	657,768	657,768	657,768	657,768
Common Stock Total Equity	0	0	0	802	802	0	802	802	802	802	-463,905	802	802	802	802	802	802	802	802	802	802	802	800	802	802	800	802	800	800	802	800	800	800	800	800	800	800	800	800	800	800	400	400	400	400	400	400	401	401	401	400	400	400	400	400	400	400	400	400	400	400	400	400	400	400	400	400	401	401	400	401	400	400	401	400	400	400	400	400	400	400	400	400	400	400	400	400	400	400	400	400	401	401	400	400	400	400	400	400	400	400	400	400	400	200	200	200	200	200	200	200	200	200	200	0	100	100	0	100	100	100	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Current Deferred Revenue	0	22,800	0	0	0	0	0	0	0	0	0	0	0	0	0	40,409	19,513	21,094	17,260	18,595	18,940	16,615	17,299	31,550	0	19,403	0	19,351	18,249	0	0	0	0	0	22,142	21,542	23,100	24,556	8,963	9,089	8,017	8,106	28,957	28,430	27,989	26,438	21,306	0	0	39,319	19,303	19,300	19,228	19,227	25,283	28,364	28,675	18,491	33,435	33,496	32,663	17,212	52,784	31,628	29,178	39,984	38,522	36,535	30,398	43,281	42,582	36,980	27,738	38,095	34,269	28,552	24,181	37,992	36,242	33,757	26,302	25,631	25,293	23,088	20,689	26,199	25,023	24,845	0	0	21,471	0	20,345	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Deferred Long Term Liab	0	0	0	18,821	17,561	0	11,428	11,712	15,861	14,347	13,393	16,363	17,127	16,842	18,066	19,635	19,513	21,094	17,260	18,595	18,940	16,615	17,299	19,650	18,807	19,403	19,963	19,351	18,249	19,573	19,106	13,644	8,310	7,161	22,142	21,542	23,100	24,556	33,342	33,226	34,039	35,975	39,698	37,147	21,228	20,910	18,604	13,079	13,187	14,856	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Good Will	151,246	151,820	150,921	158,769	158,172	157,588	156,938	162,630	172,072	171,330	159,988	169,364	168,207	167,764	185,479	153,335	160,820	153,276	152,445	153,048	153,106	150,335	150,407	139,012	137,048	130,293	139,445	137,085	124,272	123,993	128,004	128,339	121,112	120,252	163,063	101,453	102,582	102,909	103,242	108,418	119,857	94,357	94,048	104,579	104,579	104,579	104,612	102,250	102,250	102,250	102,250	102,250	102,250	102,250	102,250	102,250	102,250	102,250	130,899	0	0	129,186	151,680	154,224	153,713	153,263	156,545	156,400	155,358	155,653	153,263	152,175	151,941	152,171	148,100	136,800	136,500	136,600	112,800	102,600	102,600	104,800	104,800	104,800	105,600	105,600	98,700	98,700	98,700	98,700	99,355	0	102,700	102,700	103,400	99,900	93,500	94,500	74,400	74,500	75,200	76,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Intangible Assets	44,721	46,208	46,798	52,926	53,859	54,785	55,540	60,508	60,794	61,714	63,579	76,886	77,784	77,207	62,474	63,004	56,582	60,082	60,609	62,727	61,558	61,971	64,786	39,237	40,735	42,008	36,943	36,332	35,573	36,168	37,386	39,050	40,617	40,636	163,063	101,453	102,582	18,500	103,242	108,418	119,857	99,857	94,048	104,579	104,579	104,579	104,612	102,250	102,250	102,250	102,250	102,250	102,250	102,250	102,250	102,250	102,250	102,250	130,899	0	0	129,186	151,680	154,224	153,713	153,263	156,545	156,400	155,358	155,653	153,263	152,175	151,941	152,171	148,102	136,782	136,549	136,615	112,791	102,570	102,570	104,849	104,849	104,822	105,638	105,551	98,749	98,749	98,749	98,749	0	100,461	101,567	102,673	103,362	99,925	93,540	94,500	74,400	74,500	75,200	76,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Inventory	356,869	380,248	391,740	465,729	452,826	448,919	454,511	475,951	471,949	430,244	405,590	384,982	365,457	315,002	271,310	244,414	270,119	292,107	277,567	300,391	344,850	329,795	313,396	294,540	329,231	327,901	284,114	252,799	251,958	242,013	251,130	249,954	240,608	239,378	250,799	278,937	246,395	256,585	282,493	291,138	279,465	251,716	234,081	222,825	228,211	229,434	224,358	229,338	236,310	219,193	214,868	296,999	231,270	209,892	190,243	185,054	185,828	191,262	178,372	169,118	170,968	210,609	260,937	263,752	273,596	269,032	231,228	251,544	218,980	258,647	298,140	248,668	211,708	196,987	183,205	189,637	193,577	187,853	182,564	171,685	150,581	140,548	145,433	139,586	144,890	142,953	137,475	132,410	123,471	126,629	128,155	118,641	129,874	142,325	125,083	130,224	121,634	119,600	111,800	117,200	123,500	134,700	117,700	98,400	93,600	98,200	113,200	101,300	89,600	76,600	69,700	68,400	64,700	66,400	69,700	73,300	76,900	74,400	64,700	59,600	54,400	53,100	59,600	60,400	63,000	69,600	76,000	76,800	75,100	82,300	60,000	73,200	88,800	97,700	-	-	-
Liabilities And Stockholders Equity	2,870,246	2,759,301	2,663,741	2,576,420	2,479,621	2,242,399	2,109,751	2,046,972	1,945,950	1,728,936	1,728,537	1,789,437	1,698,329	1,528,568	1,420,012	1,323,390	1,445,939	1,370,940	1,402,765	1,417,068	1,475,053	1,369,549	1,421,743	1,496,384	1,336,844	1,320,173	1,249,224	1,297,264	1,304,921	1,447,476	1,426,121	1,420,475	1,361,020	1,338,801	1,373,526	1,344,958	1,324,830	1,328,096	1,327,736	1,349,858	1,282,829	1,284,726	1,260,621	1,209,875	1,142,913	1,104,155	1,039,416	1,272,440	1,445,962	1,347,604	1,358,910	1,358,544	1,382,012	1,258,996	1,262,741	1,264,202	1,238,134	1,180,141	1,197,596	1,161,902	1,118,185	1,182,913	1,456,356	1,471,801	1,489,971	1,449,204	1,401,872	1,453,304	1,333,587	1,268,907	1,307,398	1,319,501	1,143,302	1,104,638	1,061,486	1,002,182	1,006,103	963,731	1,150,243	1,142,502	1,085,592	1,055,184	1,027,453	1,005,963	980,638	987,947	989,614	957,960	918,841	916,065	939,355	955,341	907,354	910,276	939,610	946,067	915,168	904,100	924,800	917,300	889,000	874,700	699,300	655,200	636,400	610,800	609,600	548,800	535,700	509,400	502,400	484,100	467,200	450,800	460,000	454,000	445,700	430,800	428,400	383,700	393,100	369,700	371,500	371,600	372,200	372,500	352,700	338,600	341,300	334,800	368,100	381,500	391,300	415,600	-	-	-
Long Term Debt	130	185	1,301	1,267	1,251	1,218	1,184	1,131	1,098	1,064	121,012	350,996	286,576	286,593	342,972	323,114	468,234	378,724	434,082	479,276	559,836	489,597	510,032	558,534	478,778	448,592	388,818	489,043	489,787	213,709	213,847	213,646	206,000	204,250	204,500	204,750	205,000	205,250	205,500	205,750	206,000	206,250	206,550	206,800	207,050	207,300	207,550	7,800	156,226	156,476	156,726	156,976	157,226	158,226	158,226	158,226	158,226	158,226	158,226	158,226	158,726	158,726	158,726	281,586	282,242	281,738	307,988	308,084	308,130	308,154	308,273	308,483	310,287	312,070	312,940	310,603	310,595	310,650	11,236	11,334	11,386	11,437	11,486	12,410	13,333	14,005	14,224	15,047	15,955	46,977	47,884	93,916	94,946	100,975	107,401	112,220	117,215	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Long Term Debt Total	0	0	1,301	1,267	1,251	1,218	1,184	1,131	1,098	1,064	121,012	350,996	286,576	286,593	342,972	323,114	468,234	378,724	434,082	479,276	559,836	489,597	510,032	558,534	478,778	448,592	388,818	489,043	489,787	213,709	213,847	213,646	206,000	204,250	204,500	204,750	205,000	205,250	205,500	205,750	206,000	206,250	206,550	206,800	207,050	207,300	207,550	7,800	156,226	156,476	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Long Term Investments	71,648	83,436	97,025	73,412	72,395	72,364	70,439	70,225	63,069	61,133	65,000	36,899	38,891	37,976	27,423	32,443	44,683	48,363	46,369	47,692	50,733	58,042	58,054	70,065	70,056	76,434	73,664	75,208	73,367	77,110	79,199	70,077	68,822	65,900	63,709	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Debt	34,358	-1,138,564	-944,709	-738,833	-580,018	-437,167	-457,487	-178,634	-115,685	-62,935	40,925	272,722	290,263	236,662	258,800	223,679	340,713	315,948	367,675	419,972	497,415	424,082	414,551	337,041	396,292	344,803	296,924	336,071	357,835	-123,953	-67,039	-53,289	-59,566	-58,834	-2,489	-76,383	-90,218	-110,690	-17,151	23,879	4,610	-76,467	-82,591	-11,114	76,759	35,936	54,365	-340,165	-328,069	-316,421	-239,300	-137,481	-213,579	-203,893	-218,453	-198,164	-211,215	-163,450	-183,276	-166,104	-127,588	-95,950	10,828	63,331	77,847	45,863	68,446	108,205	148,196	143,681	171,065	196,557	244,043	186,505	205,815	246,052	243,221	268,529	-280,419	-251,268	-194,986	-240,816	-204,083	-191,233	-177,871	-199,435	-166,694	-110,271	-87,469	-70,889	-81,516	-41,193	12,596	6,616	-3,749	537	17,619	400	3,500	45,200	99,400	114,000	12,300	-24,700	-8,400	2,100	35,900	17,800	-10,100	-37,400	-11,000	16,300	27,100	27,500	49,200	67,800	67,000	60,200	61,700	19,900	1,700	-14,600	-1,700	10,900	23,600	25,000	58,200	63,800	57,500	60,000	43,700	45,000	45,700	46,100	-	-	-
Net Invested Capital	2,425,209	2,338,426	2,223,098	2,118,167	1,964,666	1,792,943	1,627,549	1,512,706	1,372,310	1,223,993	1,228,574	1,303,140	1,233,886	1,104,621	1,067,277	1,000,338	1,121,512	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Receivables	424,406	351,561	409,187	459,467	503,369	380,352	441,287	611,578	588,397	471,859	493,960	542,044	447,492	357,532	320,035	273,710	308,836	269,943	319,562	316,806	309,765	273,417	308,231	333,903	321,756	244,795	276,678	287,829	312,095	256,291	295,672	305,332	275,881	251,571	299,417	307,008	307,984	275,065	332,508	367,299	319,902	271,847	312,919	305,706	311,601	271,093	261,015	299,264	315,346	250,027	315,709	327,381	353,321	269,258	278,891	286,578	256,950	228,739	225,316	207,238	190,172	219,035	350,290	392,826	386,607	323,003	351,707	392,326	370,957	281,679	309,153	408,666	302,944	248,395	251,406	229,431	219,838	201,396	183,957	223,111	233,641	163,006	162,352	160,105	142,397	132,427	151,285	183,711	172,422	148,808	156,393	173,957	172,878	152,157	184,110	198,375	199,087	167,900	170,500	172,900	181,600	155,600	141,800	136,100	143,600	128,900	139,300	119,000	115,400	88,900	104,500	107,200	99,300	83,700	96,200	99,300	88,400	66,900	69,300	68,400	62,400	59,200	61,700	64,600	68,900	59,800	75,100	74,500	70,000	58,500	67,600	61,200	56,500	53,800	-	-	-
Net Tangible Assets	0	0	2,023,522	1,904,535	1,750,276	1,578,541	1,625,242	1,510,463	1,137,534	1,222,118	1,107,562	699,466	595,155	531,774	469,668	454,342	428,285	430,110	394,594	372,496	350,734	336,050	353,793	379,452	360,972	349,810	340,515	319,954	308,030	738,523	728,382	705,266	693,075	666,397	652,370	709,747	672,281	659,241	671,320	652,405	605,612	609,048	567,701	512,579	420,623	402,329	390,435	802,093	790,815	753,438	856,189	854,305	832,299	788,736	777,025	755,436	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Working Capital	1,823,325	1,722,883	1,614,265	1,507,188	1,360,266	1,186,358	1,045,977	916,985	788,952	636,564	657,845	719,566	542,047	485,718	477,113	441,427	544,227	459,485	483,940	507,750	564,004	469,817	516,921	664,039	549,503	496,863	447,669	524,553	524,397	675,331	671,394	647,773	618,153	590,972	595,958	721,271	716,971	703,144	690,855	677,893	649,782	655,461	680,171	607,973	503,657	488,498	478,399	703,664	846,416	813,455	800,403	784,911	756,966	717,187	698,909	678,414	657,330	625,473	608,791	581,170	554,312	553,242	552,296	660,962	634,901	605,294	594,283	557,306	521,578	520,675	513,649	471,329	389,922	360,594	326,517	307,811	290,921	274,513	535,885	519,859	490,108	456,849	432,441	410,770	393,705	393,996	365,041	326,025	294,060	302,425	294,667	310,916	289,801	287,322	309,480	314,712	297,664	287,600	269,500	267,900	253,000	239,700	212,300	226,300	218,200	208,500	200,700	184,600	198,600	195,700	182,300	162,300	148,900	143,100	125,100	122,900	120,200	116,400	106,900	124,900	147,100	143,500	144,200	134,800	127,600	120,900	97,100	67,400	67,100	62,600	69,000	78,100	76,700	-	-	-	-
Non Current Assets Total	22,687	719,280	726,971	724,684	712,610	707,746	688,827	711,216	705,402	709,933	690,594	707,442	711,794	703,207	690,147	652,699	671,813	677,168	672,056	682,564	690,520	666,931	660,539	558,871	574,017	581,058	556,396	553,513	548,836	553,153	552,527	554,752	540,259	538,400	548,027	414,186	383,699	386,883	403,558	403,812	397,616	396,554	336,278	361,569	357,756	356,961	349,907	328,390	323,742	320,905	326,114	341,981	346,916	346,682	358,860	360,234	364,698	371,298	409,707	419,554	419,113	428,087	497,929	504,814	508,232	508,857	510,057	520,021	516,180	492,713	486,348	482,972	504,593	492,652	498,878	495,144	503,991	508,400	474,061	468,726	474,379	484,829	489,257	492,159	491,692	487,600	511,870	508,102	509,687	512,152	507,592	507,658	507,728	505,105	483,533	469,769	458,825	463,400	481,500	484,300	484,400	492,400	367,600	319,600	309,300	301,700	299,500	275,500	248,400	234,700	237,800	239,700	242,500	239,800	253,700	251,900	247,100	247,200	249,900	190,900	191,400	175,300	177,800	184,100	188,500	190,100	180,500	178,100	179,600	182,700	217,200	219,800	219,500	214,700	-	-	-
Non Current Liabilities Other	10,043	10,353	16,063	17,355	16,502	16,349	67,543	20,928	21,586	21,813	25,369	85,733	82,125	84,430	66,871	61,173	62,993	74,699	80,058	88,081	93,826	67,276	66,721	72,637	72,870	73,898	65,247	63,666	58,452	58,765	54,364	56,463	57,620	58,259	69,160	64,506	64,768	64,787	47,998	49,785	49,177	50,419	75,781	75,952	76,676	79,283	77,042	76,728	78,027	78,266	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Non Current Liabilities Total	84,591	83,447	90,007	88,934	85,407	80,140	80,155	82,578	88,210	89,534	222,207	453,092	385,828	387,865	427,909	403,922	550,740	474,517	531,400	585,952	672,602	573,488	594,052	650,821	570,455	541,893	474,028	572,060	566,488	292,047	287,317	283,753	271,930	269,670	295,802	290,798	292,868	294,593	286,840	288,761	289,216	316,148	322,029	319,899	304,954	307,493	303,196	97,607	247,440	249,598	241,461	244,456	244,207	247,972	253,660	256,162	254,529	257,829	255,332	256,179	253,706	256,064	258,384	374,854	381,174	380,891	406,392	410,602	410,497	402,274	400,901	407,539	417,303	423,401	428,550	427,495	429,652	431,160	132,007	129,769	129,514	126,612	127,902	130,994	127,116	127,652	110,002	110,848	108,618	141,373	134,392	174,371	173,666	178,025	175,652	180,630	180,694	181,200	192,600	206,900	215,200	229,600	94,700	84,900	89,200	91,500	102,400	78,600	82,400	81,900	89,100	88,400	91,700	97,000	105,300	113,900	117,200	121,700	123,500	107,200	111,100	96,700	102,700	105,000	107,100	106,600	111,100	83,300	90,200	92,700	87,800	95,800	95,400	102,500	-	-	-
Non Currrent Assets Other	17,685	-28,829	316,395	2,664	3,402	3,909	-3,975	-4,868	-9,070	300,861	-5,735	-4,187	-3,562	-2,455	5,572	4,325	4,755	4,303	8,210	6,887	6,958	9,335	9,337	6,071	7,297	8,602	2,536	894	1,064	257,922	-242	5,703	22,917	24,188	28,500	153,037	138,790	140,973	157,389	158,371	153,711	152,097	113,527	123,428	123,797	123,698	121,047	116,355	117,023	14,911	118,353	118,747	119,026	14,934	123,781	122,491	121,902	18,653	151,429	118,037	115,787	21,974	51,719	47,137	47,537	47,211	33,430	37,799	32,080	21,996	17,436	17,549	38,678	33,435	40,814	38,987	38,399	36,175	32,634	32,063	31,621	34,443	35,401	36,367	37,698	29,580	51,303	24,347	25,497	25,870	26,809	28,332	28,712	22,547	19,112	19,409	20,055	21,100	31,200	31,700	32,600	37,300	71,000	33,000	38,100	39,300	40,900	32,300	13,200	11,900	13,800	13,100	15,700	16,100	33,400	35,900	42,700	50,400	72,300	28,600	31,200	20,900	23,700	28,100	31,300	33,400	14,100	10,400	10,700	13,400	31,200	34,300	34,200	27,600	-	-	-
Noncontrolling Interest In Consolidated Entity	0	0	0	26,708	25,162	0	29,407	35,160	35,744	34,845	18,670	28,200	26,867	24,315	21,730	19,523	19,613	18,668	16,948	16,091	16,524	14,904	14,422	14,388	14,310	13,917	13,134	12,635	38,870	37,753	42,832	46,117	31,678	32,417	32,750	33,459	32,939	33,284	33,011	32,121	32,713	32,462	32,671	32,485	31,257	31,058	30,063	30,104	29,653	29,074	28,867	28,131	27,376	27,161	27,084	27,050	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Assets	0	0	21,651	306,592	20,963	304,904	290,370	300,207	6,791	300,861	7,658	12,176	13,565	297,334	23,638	23,960	24,268	25,397	25,470	25,482	25,898	25,950	26,637	25,721	273,943	276,737	272,551	268,919	252,476	257,922	263,453	256,813	261,778	258,176	277,372	153,037	138,790	140,973	157,389	158,371	153,711	128,593	113,527	123,428	123,797	123,698	121,047	116,355	117,023	117,161	118,353	118,747	119,026	117,184	123,781	122,491	121,902	120,903	151,429	151,537	148,487	151,160	203,399	201,361	201,250	200,474	189,975	194,199	187,438	177,649	170,699	169,724	190,619	185,606	188,916	175,769	174,948	172,790	145,425	134,633	134,191	139,292	140,250	141,189	143,336	135,131	150,052	123,096	124,246	124,619	126,164	128,794	130,279	125,220	122,474	119,334	113,595	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Current Assets	45,379	35,945	31,373	28,172	28,420	26,501	41,630	45,726	40,947	28,976	33,604	44,288	43,710	33,752	24,880	28,957	40,888	33,778	33,242	25,867	32,322	26,790	34,842	27,625	20,267	46,150	25,692	35,568	45,141	44,702	28,999	27,276	34,123	34,608	54,538	45,680	59,858	57,429	49,319	45,410	52,371	52,809	55,166	58,108	61,479	47,733	38,381	41,768	43,679	22,213	53,366	47,144	36,583	19,798	34,631	35,181	33,478	24,350	30,327	32,033	37,596	29,110	38,849	36,789	47,256	19,841	35,669	41,497	32,981	13,976	43,294	40,308	40,835	17,019	19,985	18,830	18,977	3,357	3,632	15,293	18,659	2,678	11,131	6,759	6,744	2,860	4,414	4,559	5,851	3,960	9,804	15,356	9,259	10,421	11,740	10,714	10,047	3,700	4,400	11,200	9,400	11,400	10,100	13,200	13,800	12,000	13,300	16,600	15,100	12,200	12,900	16,000	15,200	12,500	9,200	10,000	9,400	7,800	4,700	6,200	5,500	4,800	5,400	6,900	6,700	8,500	5,700	5,900	5,100	3,800	11,000	12,500	12,100	8,700	-	-	-
Other Current Liab	192,371	165,164	172,588	181,831	220,144	214,542	201,575	203,065	218,422	194,820	192,286	159,052	154,583	144,360	131,685	84,110	103,497	114,769	116,206	94,459	84,550	105,331	96,318	69,882	88,812	103,866	105,677	79,384	81,249	102,162	92,842	96,586	99,701	109,618	80,046	80,230	68,571	76,584	94,811	97,065	85,877	114,625	105,454	91,437	117,796	117,114	111,721	124,757	135,378	67,115	94,520	75,196	92,754	76,031	76,112	58,089	70,631	66,717	62,911	58,182	45,599	96,456	67,655	88,850	95,935	81,829	90,772	110,269	93,988	80,145	88,987	95,088	89,561	84,961	83,653	66,907	68,792	57,775	47,317	55,219	37,324	42,959	39,425	38,518	34,891	34,987	43,969	40,181	65,300	63,283	69,069	86,423	45,455	68,207	72,536	86,941	81,286	72,100	93,300	82,500	68,600	76,000	66,600	58,600	58,000	51,100	53,500	45,500	48,600	45,900	45,000	41,400	35,800	34,800	40,100	31,800	28,700	27,000	31,800	30,800	27,000	26,900	23,500	28,100	27,200	28,700	42,200	44,200	43,700	48,000	57,200	57,400	65,900	68,400	-	-	-
Other Liab	0	0	62,913	0	0	62,042	60,540	65,548	71,102	71,371	83,796	82,663	78,420	79,670	68,473	67,799	68,382	73,405	74,606	82,185	87,329	83,891	84,020	92,287	72,870	73,898	65,247	63,666	58,452	58,765	54,364	56,463	57,620	58,259	69,160	64,506	64,768	64,787	47,998	49,785	49,177	50,419	75,781	75,952	76,676	79,283	77,042	76,728	78,027	78,266	64,947	65,667	65,066	65,665	70,151	69,572	67,628	68,475	63,671	64,457	62,317	63,398	46,874	47,071	46,645	46,997	56,374	60,120	58,651	47,712	47,966	47,715	47,100	47,387	51,577	51,528	52,690	53,031	52,353	52,541	52,979	51,441	55,960	56,232	54,330	54,378	39,154	39,231	38,925	42,628	38,452	37,207	37,930	37,688	37,293	39,054	37,390	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Stockholder Equity	-235,426	-211,238	-212,442	-214,941	1,839,573	-205,509	-207,374	-212,220	-185,456	-183,826	-181,422	-183,636	-186,538	-188,868	-191,053	-192,314	-194,925	-191,404	-193,691	-194,652	-197,202	-197,183	-172,414	-173,854	-175,366	-171,189	-173,459	-174,075	-176,084	-176,993	-178,878	-178,685	-180,378	-182,015	-183,767	-185,500	-187,437	-188,450	-190,338	-190,477	-193,031	-194,295	-196,051	-197,342	-199,698	-200,292	-202,253	224,698	223,510	221,907	259,889	245,705	245,999	214,036	213,325	212,836	210,015	208,567	207,899	199,339	198,758	197,783	197,483	196,127	195,188	193,595	192,729	191,755	190,771	189,414	187,903	184,145	190,948	178,074	325,271	179,586	175,893	169,586	176,582	171,692	171,965	170,158	180,048	180,487	185,022	185,223	177,200	175,600	182,000	184,400	176,400	311,481	142,529	172,100	199,000	197,800	193,100	212,700	222,500	238,000	238,100	235,100	233,700	232,700	227,800	226,400	227,700	225,800	226,500	225,500	225,100	224,100	224,100	223,900	270,000	223,300	223,600	260,300	224,700	206,700	232,400	257,700	252,600	252,900	253,300	252,900	210,600	210,200	207,900	207,200	197,000	198,600	199,300	200,000	-	-	-
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Property Plant And Equipment Gross	424,336	1,037,097	410,576	418,092	407,221	402,842	398,457	0	0	0	394,369	412,117	413,347	405,873	391,133	379,957	385,460	390,050	387,163	393,615	399,225	370,633	360,700	284,836	300,074	304,300	283,845	284,600	296,400	295,231	289,100	297,900	278,500	280,200	270,700	261,100	244,900	245,900	246,200	245,400	243,900	244,500	222,800	238,100	234,000	233,300	228,900	212,035	206,719	203,744	207,800	223,200	227,900	229,500	235,100	237,700	242,800	250,400	258,300	268,000	270,600	276,900	294,500	303,500	307,000	308,400	320,100	325,822	328,742	315,100	315,649	313,200	314,000	307,046	310,000	319,400	329,000	335,600	328,600	334,100	340,200	345,500	349,000	351,000	348,400	352,500	361,800	385,000	385,400	387,500	381,400	378,865	377,449	379,900	361,100	350,400	345,200	347,800	375,900	378,100	376,600	379,100	294,400	284,700	269,200	260,400	256,400	240,300	232,300	219,900	221,200	223,700	224,100	221,000	220,300	213,000	201,400	196,800	173,900	158,600	156,400	154,400	154,100	156,000	157,200	156,700	166,400	167,700	168,900	169,300	186,000	185,500	185,300	187,100	-	-	-
Property Plant And Equipment Net	424,336	420,335	410,576	418,092	407,221	402,842	398,457	411,009	402,676	409,072	394,369	412,117	413,347	405,873	391,133	379,957	385,460	390,050	387,163	393,615	399,225	370,633	360,655	284,836	300,074	304,321	283,845	284,594	296,360	295,231	289,074	297,939	278,481	280,224	270,655	261,149	244,909	245,910	246,169	245,441	243,905	244,457	222,751	238,141	233,959	233,263	228,860	212,035	206,719	203,744	207,761	223,234	227,890	229,498	235,079	237,743	242,796	250,395	258,278	268,017	270,626	276,927	294,530	303,453	306,982	308,383	320,082	325,822	328,742	315,064	315,649	313,248	313,974	307,046	309,962	319,375	329,043	335,610	328,636	334,093	340,188	345,537	349,007	350,970	348,356	352,469	361,818	385,006	385,441	387,533	381,428	378,865	377,449	379,885	361,059	350,435	345,230	347,800	375,900	378,100	376,600	379,100	294,400	284,700	269,200	260,400	256,400	240,300	232,300	219,900	221,200	223,700	224,100	221,000	220,300	213,000	201,400	196,800	173,900	158,600	156,400	154,400	154,100	156,000	157,200	156,700	166,400	167,700	168,900	169,300	186,000	185,500	185,300	187,100	-	-	-
Property Plant Equipment	0	0	410,576	386,928	377,324	402,842	398,457	411,009	380,711	409,072	394,369	385,246	384,853	376,572	368,736	362,785	366,828	363,128	361,308	365,025	369,710	370,633	360,655	284,836	300,074	304,321	283,845	284,594	296,360	295,231	289,074	297,939	278,481	280,224	270,655	261,149	244,909	245,910	246,169	245,441	243,905	244,457	222,751	238,141	233,959	233,263	228,860	212,035	206,719	203,744	207,761	223,234	227,890	229,498	235,079	237,743	242,796	250,395	258,278	268,017	270,626	276,927	294,530	303,453	306,982	308,383	320,082	325,822	328,742	315,064	315,649	313,248	313,974	307,046	309,962	319,375	329,043	335,610	328,636	334,093	340,188	345,537	349,007	350,970	348,356	352,469	361,818	385,006	385,441	387,533	381,428	378,865	377,449	379,885	361,059	350,435	345,230	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Retained Earnings	2,709,950	2,594,300	2,492,157	2,376,618	173,883	2,059,796	1,935,137	1,794,811	1,602,496	1,458,489	1,340,337	1,176,812	1,075,410	1,019,694	988,983	951,992	929,810	903,070	880,537	857,121	834,798	824,737	803,627	788,753	761,319	743,503	743,560	727,110	705,240	1,141,831	1,130,249	1,110,010	1,087,927	1,063,543	1,053,395	1,039,882	1,010,505	992,798	979,079	959,522	928,729	908,274	896,428	860,098	772,465	749,777	736,917	725,244	711,154	682,380	673,276	666,623	648,080	611,279	597,318	582,193	570,412	540,218	561,510	546,609	544,295	550,501	546,441	531,483	508,180	484,534	459,403	431,786	399,095	386,038	386,054	338,174	283,114	253,433	221,285	200,608	187,086	175,537	708,665	693,512	669,962	655,495	644,450	623,014	614,035	610,114	615,155	568,523	550,057	532,122	520,412	501,411	480,636	465,167	448,112	428,805	399,043	372,500	346,700	320,300	294,900	273,200	255,500	236,700	217,000	197,800	178,100	160,100	143,700	128,000	110,200	94,000	80,100	66,800	54,300	42,700	32,000	22,000	12,500	7,000	-300	-5,900	-11,900	-17,600	-22,900	-27,100	-33,200	-37,100	-40,500	-43,700	1,400	3,500	1,500	-	-	-	-
Retained Earnings Total Equity	0	0	0	2,376,618	2,215,939	0	1,935,137	1,794,811	1,602,496	1,458,489	1,340,337	1,176,812	1,075,410	1,019,694	988,983	951,992	929,810	903,070	880,537	857,121	834,798	824,737	803,627	788,753	761,319	743,503	743,560	727,110	705,240	1,141,831	1,130,249	1,110,010	1,087,927	1,063,543	1,053,395	1,039,882	1,010,505	992,798	979,079	959,522	928,729	908,274	896,428	860,098	772,465	749,777	736,917	725,244	711,154	682,380	673,276	666,623	648,080	611,279	597,318	582,193	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Short Long Term Debt	705	796	556	670	1,108	811	1,123	1,112	812	811	1,110	6,428	106,164	41,283	6,684	6,543	7,591	7,530	7,387	2,891	5,001	7,101	9,254	59,952	9,087	16,480	14,499	503,725	14,939	14,442	16,907	16,226	0	11,760	0	0	0	36,194	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Short Long Term Debt Total	34,358	35,557	35,081	32,484	31,381	23,851	26,009	23,867	23,570	24,989	145,714	383,403	420,139	355,737	372,440	347,289	494,996	413,892	468,013	511,412	595,011	496,698	519,286	618,486	487,865	465,072	403,268	503,626	504,726	227,364	230,754	229,872	210,583	216,010	218,256	222,764	236,676	241,444	242,707	266,078	238,085	235,333	239,586	250,553	260,625	234,870	220,120	33,515	198,816	197,741	209,553	207,558	200,343	190,246	181,663	198,991	185,965	182,551	170,598	167,855	172,748	182,910	319,179	336,951	352,127	354,481	341,657	356,121	342,685	344,152	341,528	335,444	327,265	316,190	313,827	315,192	312,941	315,978	11,496	12,419	13,346	14,272	15,197	16,121	17,044	18,166	17,876	18,907	19,941	50,973	52,004	98,536	100,211	106,884	131,395	137,522	143,194	149,900	160,100	176,900	189,500	194,600	74,400	63,200	67,700	72,100	80,200	54,200	57,100	59,600	66,500	69,100	72,600	75,900	80,400	87,300	90,900	94,700	101,500	78,500	81,100	62,700	65,300	66,500	68,700	69,500	73,600	67,100	69,000	67,500	56,000	59,800	60,100	86,800	-	-	-
Short Term Debt	8,777	8,689	7,987	7,621	7,357	5,753	6,394	6,837	6,462	6,826	7,303	12,974	112,731	47,542	13,004	11,166	12,638	12,780	11,219	7,645	9,738	7,101	9,254	59,952	9,087	16,480	14,450	14,583	14,939	13,655	16,907	16,226	4,583	11,760	13,756	18,014	31,676	36,194	37,207	60,328	32,085	29,083	33,036	43,753	53,575	27,570	12,570	25,715	42,590	41,265	52,827	50,582	43,117	32,020	23,437	40,765	27,739	24,325	12,372	9,629	14,022	24,184	160,453	55,365	69,885	72,743	33,669	48,037	34,555	35,998	33,255	26,961	16,978	4,120	887	4,589	2,346	5,328	260	1,085	1,960	2,835	3,711	3,711	3,711	4,161	3,652	3,860	3,986	3,996	4,120	4,620	5,265	5,909	23,994	25,302	25,979	31,000	28,700	30,500	32,600	20,000	18,200	18,000	18,200	19,000	19,100	14,900	14,900	14,800	15,200	16,200	16,800	16,200	17,700	18,100	18,500	18,600	17,800	12,100	11,400	8,400	6,100	6,000	7,000	7,100	6,900	25,500	25,100	22,300	8,200	8,400	8,000	32,800	-	-	-
Short Term Investments	0	98,146	124,680	127,051	170,997	217,863	0	0	0	0	65,000	36,899	0	37,976	27,423	32,443	44,683	48,363	46,369	47,692	50,733	58,042	58,054	2,898	2,080	76,434	3,000	75,208	73,367	9,000	79,199	70,077	68,822	65,900	63,709	1,500	1,700	8,100	0	0	0	5,200	0	0	0	3,700	0	0	0	13,000	0	0	0	9,200	124	200	200	9,300	0	0	0	15,300	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Total Assets	22,687	2,759,301	2,663,741	2,576,420	2,479,621	2,242,399	2,109,751	2,046,972	1,945,950	1,728,936	1,728,537	1,789,437	1,698,329	1,528,568	1,420,012	1,323,390	1,445,939	1,370,940	1,402,765	1,417,068	1,475,053	1,369,549	1,421,743	1,496,384	1,336,844	1,320,173	1,249,224	1,297,264	1,304,921	1,447,476	1,426,121	1,420,475	1,361,020	1,338,801	1,373,526	1,344,958	1,324,830	1,328,096	1,327,736	1,349,858	1,282,829	1,284,726	1,260,621	1,209,875	1,142,913	1,104,155	1,039,416	1,272,440	1,445,962	1,347,604	1,358,910	1,358,544	1,382,012	1,258,996	1,262,741	1,264,202	1,238,134	1,180,141	1,197,596	1,161,902	1,118,185	1,182,913	1,456,356	1,471,801	1,489,971	1,449,204	1,401,872	1,453,304	1,333,587	1,268,907	1,307,398	1,319,501	1,143,302	1,104,638	1,061,486	1,002,182	1,006,103	963,731	1,150,243	1,142,502	1,085,592	1,055,184	1,027,453	1,005,963	980,638	987,947	989,614	957,960	918,841	916,065	939,355	955,341	907,354	910,276	939,610	946,067	915,168	904,100	924,800	917,300	889,000	874,700	699,300	655,200	636,400	610,800	609,600	548,800	535,700	509,400	502,400	484,100	467,200	450,800	460,000	454,000	445,700	430,800	428,400	383,700	393,100	369,700	371,500	371,600	372,200	372,500	352,700	338,600	341,300	334,800	368,100	381,500	391,300	415,600	-	-	-
Total Current Assets	2,184,606	2,040,021	1,936,770	1,851,736	1,767,011	1,534,653	1,420,924	1,335,756	1,240,548	1,019,003	1,037,943	1,081,995	986,535	825,361	729,865	670,691	774,126	693,772	730,709	734,504	784,533	702,618	761,204	937,513	762,827	739,115	692,828	743,751	756,085	894,323	873,594	865,723	820,761	800,401	825,499	930,772	941,131	941,213	924,178	946,046	885,213	888,172	924,343	848,306	785,157	747,194	689,509	944,050	1,122,220	1,026,699	1,032,796	1,016,563	1,035,096	912,314	903,881	903,968	873,436	808,843	787,889	742,348	699,072	754,826	958,427	966,987	981,739	940,347	891,815	933,283	817,407	776,194	821,050	836,529	638,709	611,986	562,608	507,038	502,112	455,331	676,182	673,776	611,213	570,355	538,196	513,804	488,946	500,347	477,744	449,858	409,154	403,913	431,763	447,683	399,626	405,171	456,077	476,298	456,343	440,700	443,300	433,000	404,600	382,300	331,700	335,600	327,100	309,100	310,100	273,300	287,300	274,700	264,600	244,400	224,700	211,000	206,300	202,100	198,600	183,600	178,500	192,800	201,700	194,400	193,700	187,500	183,700	182,400	172,200	160,500	161,700	152,100	150,900	161,700	171,800	200,900	-	-	-
Total Current Liabilities	361,281	317,138	322,505	344,548	406,745	348,295	374,947	418,771	451,596	382,439	380,098	362,429	444,488	339,643	252,752	229,264	229,899	234,287	246,769	226,754	220,529	232,801	244,283	273,474	213,324	242,252	245,159	219,198	231,688	218,992	202,200	217,950	202,608	209,429	229,541	209,501	224,160	238,069	233,323	268,153	235,431	232,711	244,172	240,333	281,500	258,696	211,110	240,386	275,804	213,244	232,393	231,652	278,130	195,127	204,972	225,554	216,106	183,370	179,098	161,178	144,760	201,584	406,131	306,025	346,838	335,053	297,532	375,977	295,829	255,519	307,401	365,200	248,787	251,392	236,091	199,227	211,191	180,818	140,297	153,917	121,105	113,506	105,755	103,034	95,241	106,351	112,703	123,833	115,094	101,488	137,096	136,767	109,825	117,849	146,597	161,586	158,679	153,100	173,800	165,100	151,600	142,600	119,400	109,300	108,900	100,600	109,400	88,700	88,700	79,000	82,300	82,100	75,800	67,900	81,200	79,200	78,400	67,200	71,600	67,900	54,600	50,900	49,500	52,700	56,100	61,500	75,100	93,100	94,600	89,500	81,900	83,600	95,100	113,100	-	-	-
Total Liab	445,872	400,585	412,512	433,482	492,152	428,435	455,102	501,349	539,806	471,973	602,305	815,521	830,316	727,508	680,661	633,186	780,639	708,804	778,169	812,706	893,131	806,289	838,335	924,295	783,779	784,145	719,187	791,258	798,176	511,039	489,517	501,703	474,538	479,099	525,343	500,299	517,028	532,662	520,163	556,914	524,647	548,859	566,201	560,232	586,454	566,189	514,306	337,993	523,244	462,842	473,854	476,108	522,337	443,099	458,632	481,716	470,635	441,199	434,430	417,357	398,466	457,648	664,515	680,879	728,012	715,944	703,924	786,579	706,326	657,793	708,302	772,739	666,090	674,793	664,641	626,722	640,843	611,978	272,304	283,686	250,619	240,118	233,657	234,028	222,357	234,003	222,705	234,681	223,712	242,861	271,488	311,138	283,491	295,874	322,249	342,216	339,373	334,300	366,400	372,000	366,800	372,200	214,100	194,200	198,100	192,100	211,800	167,300	171,100	160,900	171,400	170,500	167,500	164,900	186,500	193,100	195,600	188,900	195,100	175,100	165,700	147,600	152,200	157,700	163,200	168,100	186,200	176,400	184,800	182,200	169,700	179,400	190,500	215,600	-	-	-
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	583,408	572,089	553,065	536,028	530,037	506,006	506,745	936,437	936,604	859,702	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Total Stockholder Equity	2,424,374	2,337,445	2,221,241	2,116,230	1,962,307	1,790,914	1,625,242	1,510,463	1,370,400	1,222,118	1,107,562	945,716	841,146	776,745	717,621	670,681	645,687	643,468	607,648	588,271	565,398	548,356	568,986	557,701	538,755	522,111	516,903	493,371	467,875	898,684	893,772	872,655	854,804	827,285	815,433	811,200	774,863	762,150	774,562	760,823	725,469	703,405	661,749	617,158	525,202	506,908	495,047	904,343	893,065	855,688	856,189	854,305	832,299	788,736	777,025	755,436	740,815	713,167	737,799	719,339	694,458	700,683	765,283	765,027	737,788	710,495	675,529	643,942	604,267	588,814	577,358	525,745	457,648	422,908	396,771	375,386	365,193	351,686	877,882	858,792	834,765	814,858	793,548	771,687	757,822	753,523	766,572	722,942	694,858	672,933	667,570	643,906	623,566	614,105	617,064	603,554	575,498	569,400	558,000	544,900	521,800	502,100	484,800	460,600	437,400	418,000	397,200	380,900	364,200	348,100	330,500	313,300	299,400	285,900	273,500	260,900	250,100	241,900	233,300	208,600	227,400	222,100	219,300	213,900	209,000	204,400	166,500	162,200	156,500	152,600	198,400	202,100	200,800	200,000	-	-	-
Treasury Stock	0	0	0	-524,646	-505,616	0	-505,647	-503,448	-474,258	-470,034	-464,707	-468,784	-469,251	-468,919	-468,716	-474,170	-474,957	-470,243	-470,066	-475,524	-476,121	-474,240	-447,253	-451,740	-452,181	-445,723	-445,749	-448,837	-449,255	-450,338	-450,354	-453,613	-453,954	-453,228	-453,209	-456,073	-456,651	-457,102	-457,371	-460,199	-460,570	-461,593	-462,491	-467,586	-468,098	-468,473	-469,828	-44,457	-44,649	-44,620	-44,604	-48,640	-49,124	-49,131	-49,438	-50,847	-52,695	-53,514	-53,523	-64,484	-64,484	-64,484	-64,634	-64,639	-65,492	-65,859	-65,903	-66,015	-66,867	-67,034	-67,206	-68,478	-70,481	-74,967	-75,103	-75,725	-75,887	-80,268	-80,248	-87,499	-87,545	-94,562	-94,655	-94,647	-94,798	-94,798	-94,848	-95,124	-98,230	-99,199	-99,760	-99,790	-100,408	-100,616	-77,303	-74,909	-74,979	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-

Cash Flow

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31
Begin Period Cash Flow	465,194	90,376	127,376	98,042	77,138	126,563	351,317	274,844	352,134	311,800	198,934	514,162	394,139	346,001	278,860	308,618	200,471	129,685	47,449	255,088	217,601	121,862	100,268	149,454	80,600	70,000	97,000	48,400	34,500	77,300	44,500	7,500	40,700	35,700
Capital Expenditures	54,025	37,639	31,833	43,885	31,162	38,481	46,131	37,497	28,834	39,173	41,349	56,825	18,751	18,678	13,942	22,261	29,870	41,206	18,449	19,980	27,236	23,265	49,081	63,458	40,800	214,000	74,700	19,300	41,000	48,200	11,100	11,000	11,800	10,000
Cash And Cash Equivalents Changes	0	0	-35,948	27,187	20,393	-47,473	-231,048	76,473	-77,290	40,334	112,866	-315,228	0	48,138	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	-1,726	23,008	-11,692	14,881	-5,658	7,396	14,056	-22,608	-105,065	-15,320	0	-19,563	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	708,927	374,920	-37,000	29,334	20,904	-49,425	-231,048	76,473	-77,290	40,334	112,866	-315,228	120,023	48,138	67,141	-29,758	108,147	70,786	82,236	-207,639	37,487	95,739	21,594	-49,186	68,900	10,600	-27,000	-15,000	-20,000	6,900	-9,400	1,800	-23,000	70,700
Change In Working Capital	36,526	17,629	-177,660	24,766	15,809	1,977	-83,481	4,670	52,914	-39,533	10,266	-23,793	21,164	-51,516	107	58,057	20,804	-111,972	-8,579	-3,049	-14,375	-8,285	-858	-22,180	-2,300	-4,300	-37,400	-4,900	-10,700	-21,100	4,600	2,000	-14,700	-8,200
Change Receivables	0	0	-124,708	-76,404	6,505	-11,342	-1,779	-16,502	51,660	-21,432	19,383	-23,690	0	-46,494	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	30,915	10,652	471,859	-76,404	6,505	-11,342	-1,779	-16,502	23,529	-21,432	19,383	-23,690	28,716	46,494	0	89,051	-41,300	-33,300	0	-38,400	-30,600	16,400	3,400	15,700	-12,300	-26,700	-40,000	-5,200	-16,800	0	0	0	0	0
Change To Inventory	67,903	-24,189	-119,514	5,207	39,561	27,512	-86,286	6,662	41,086	1,381	5,963	-4,834	-15,678	-17,248	22,699	44,591	20,411	-56,786	-5,979	-26,208	2,948	-13,744	14,983	-22,835	13,000	-4,900	1,300	-10,100	8,000	-20,800	16,500	12,700	15,400	14,500
Change To Liabilities	0	0	68,288	72,955	-15,020	-30,449	10,742	7,164	-45,149	3,626	-16,074	17,713	0	4,290	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	3,910	-24,814	31,496	31,947	20,597	5,718	17,601	-25,491	-6,972	18,324	18,822	0	7,185	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	-40,895	66,562	95,963	-30,337	-14,193	4,584	14,561	-31,093	-18,982	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	39,954	44,088	45,655	45,162	43,011	39,873	34,247	35,702	35,040	34,076	32,693	31,932	37,262	40,652	41,758	44,884	44,477	41,855	40,858	40,639	38,954	37,440	42,083	37,457	37,000	24,900	21,000	18,500	15,500	12,700	14,200	12,500	13,300	13,300
Dividends Paid	-66,868	55,787	29,137	22,341	22,325	22,705	196,944	21,224	16,903	16,819	13,941	14,891	15,146	15,815	16,393	14,847	14,825	14,776	14,646	259,882	0	0	0	0	0	0	0	0	0	0	0	0	0	0
End Period Cash Flow	1,174,121	465,296	90,376	127,376	98,042	77,138	120,269	351,317	274,844	352,134	311,800	198,934	514,162	394,139	346,001	278,860	308,618	200,471	129,685	47,449	255,088	217,601	121,862	100,268	149,500	80,600	70,000	33,400	14,500	84,200	35,100	9,300	17,700	106,400
Exchange Rate Changes	0	0	0	0	0	0	2,945	-5,686	-4,834	-1,296	981	1,499	0	161	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	619,834	686,304	279,868	201,188	169,382	129,411	-2,136	120,280	130,775	51,432	87,164	51,472	134,998	37,679	63,446	158,671	155,974	23,333	90,992	134,781	46,432	102,453	76,685	55,016	124,000	-115,100	-21,800	59,400	14,000	-26,200	39,900	27,700	-6,200	-40,200
Investments	135,080	-242,003	-1,613	-9,270	-16,000	-1,609	-3,317	-53,057	-65,900	-65,900	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	-137	-330,723	-57,119	-110,365	29,316	-43,118	3,734	-24,567	6,208	-193	35,342	0	6,848	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	602,897	662,820	475,124	143,649	106,232	106,820	87,011	99,754	88,407	102,534	173,289	83,673	87,086	87,535	4,675	80,814	115,475	148,869	89,218	79,416	44,221	71,177	66,955	92,690	99,300	75,400	69,800	61,200	44,800	27,900	21,100	16,200	-43,700	56,700
Other Cashflows From Financing Activities	-18,067	-8,610	-12,083	-7,000	-4,016	-592	66,971	-263	212	837	1,298	1,477	8,952	9,839	334	92	73	54,467	-1,091	-2,187	-3,894	-34,119	-55,911	-42,986	-44,600	106,000	9,400	-16,300	-18,800	32,000	-6,800	2,100	-19,400	28,200
Other Cashflows From Investing Activities	0	-204,364	8,539	-72,467	6,705	-147,006	16,026	-15,560	-96,073	749	38,364	40,449	0	16,692	611	81	0	23,528	0	0	449	57,848	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	-33,439	-14,515	-48,653	26,972	27,176	11,017	1,928	4,266	-15,787	-6,242	-112,652	11,633	9,798	-16,564	30,769	-1,273	5,243	2,736	2,734	1,765	1,428	2,418	1,740	1,585	-200	-100	-3,300	-100	-1,800	-2,400	2,000	2,200	50,700	-92,000
Sale Purchase Of Stock	-19,303	-38,054	-4,864	-5,574	-1,763	-33,562	0	0	-760	-58	0	-427,448	0	-418	-870	-32	-54	-1,092	-551	-42,641	400	-14,754	1,700	-48,411	-29,700	7,300	600	1,300	-2,100	-25,900	-3,100	-500	-3,600	0
Stock Based Compensation	23,131	17,801	9,822	8,570	8,744	8,035	7,450	6,387	6,244	6,265	5,704	6,136	3,482	2,877	2,633	2,915	-3,249	2,390	-5,234	33,279	3,727	13,282	45	10	-300	-1,900	0	-100	100	200	100	2,800	0	0
Total Cash From Financing Activities	-104,509	-102,655	-376,722	-92,264	-139,694	-28,269	-244,566	-22,561	-41,258	-10,551	-13,643	-408,648	-6,944	-6,394	-8,154	-166,061	-15,812	19,599	-11,469	-292,340	-3,505	-45,669	-54,182	-88,689	-73,200	113,300	10,000	-15,000	-20,000	6,900	-9,400	1,800	-23,000	70,700
Total Cash From Operating Activities	673,859	723,943	311,701	245,073	200,544	167,892	43,995	157,777	159,609	90,605	128,513	108,297	153,749	56,357	77,388	180,932	185,844	64,539	109,441	154,761	73,668	125,718	125,766	118,474	164,800	98,900	52,900	78,700	55,000	22,000	51,000	38,700	5,600	-30,200
Total Cashflows From Investing Activities	0	-242,003	29,073	-125,622	-40,457	-187,096	-33,422	-53,057	-190,807	-38,424	-2,985	-16,376	0	-1,986	0	0	0	0	0	0	0	14,971	0	0	0	0	0	0	0	0	0	0	0	0

	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31
Begin Period Cash Flow	1,174,223	981,114	773,381	611,594	465,296	499,418	217,315	151,197	90,376	108,151	125,722	149,031	127,376	114,379	124,512	171,964	98,042	102,503	94,072	99,006	77,138	109,049	284,448	93,758	126,563	106,344	167,555	146,891	351,317	297,793	283,161	270,149	274,844	220,745	299,147	326,894	352,134	259,858	242,199	233,475	311,800	322,177	261,667	183,866	198,934	165,755	373,680	526,885	514,162	448,853	345,039	413,922	394,139	400,116	397,155	397,180	346,001	353,874	333,959	300,336	278,860	308,351	273,620	274,280	308,618	273,211	247,916	194,489	200,471	170,463	138,887	83,222	129,685	108,012	69,140	69,720	47,449	291,915	263,687	208,332	255,088	219,280	207,354	194,915	217,601	184,570	129,178	107,410	121,862	133,520	139,729	87,615	100,268	135,144	136,985	125,575	149,454	156,600	131,700	90,100	80,600	62,100	87,900	76,100	70,000	44,300	36,400	67,200	97,000	77,500	52,800	45,500	48,400	31,200	19,500	23,900	34,500	39,800	58,600	79,400	77,300	11,400	10,500	43,800	44,500	6,800	0	8,700	7,500	0	400	12,600	40,700
Capital Expenditures	16,406	14,556	10,248	21,665	7,556	8,084	6,307	17,989	5,259	6,286	7,569	8,751	9,227	14,681	6,989	5,121	17,094	11,000	7,128	6,200	6,834	21,796	5,803	5,365	5,517	28,834	5,389	4,563	7,345	21,865	5,384	4,356	5,892	6,332	6,533	8,577	7,392	10,767	9,573	9,634	9,199	7,947	11,715	11,852	9,835	12,984	20,408	14,093	9,340	5,623	4,385	3,693	5,050	4,468	4,924	4,807	4,479	2,940	2,277	3,883	4,842	4,390	3,038	6,260	8,573	7,094	7,138	6,913	8,725	8,231	12,057	8,903	12,015	5,024	4,549	4,062	4,814	6,907	4,266	3,744	5,063	3,136	8,118	9,383	6,599	5,321	4,376	4,807	8,761	16,421	9,642	13,518	9,500	25,109	19,456	12,170	6,723	14,100	6,100	12,900	7,700	137,900	52,300	9,200	14,600	48,000	27,500	21,300	32,900	4,100	4,200	3,800	7,200	6,400	10,900	15,000	8,700	18,000	19,300	5,200	5,700	3,500	1,800	2,500	3,300	3,800	2,100	2,300	2,800	6,100	1,600	2,500	1,600
Cash And Cash Equivalents Changes	0	0	0	159,535	143,725	0	290,179	68,653	60,520	-17,100	-16,207	-23,512	20,871	7,556	-12,999	-47,427	80,057	-6,483	10,060	-4,133	20,949	-30,401	-175,325	192,347	-34,094	13,925	-61,211	20,664	-204,426	53,524	14,632	13,012	-4,695	54,099	-78,402	-27,747	-25,240	92,276	17,659	8,724	-78,325	-10,377	60,510	77,801	-15,068	-190,316	15,570	-153,205	12,723	0	103,814	-68,883	19,783	0	18,759	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	0	3,650	-17,523	0	-1,323	-6,705	177	8,460	-4,457	-6,864	1,135	11,661	4,298	-4,757	11,806	-8,660	2,117	1,940	-7,089	3,253	-1,898	-7,076	20,602	-1,313	1,456	-6,076	275	-7,482	-2,059	17,598	-661	9,609	-3,255	-1,800	9,502	-7,559	-6,255	5,275	-14,069	-4,127	5,280	-108,605	2,387	-12,719	0	155	-2,756	0	-4,539	-6,057	2,092	0	12	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	190,585	193,007	207,835	161,787	146,298	-34,122	282,103	66,118	60,821	-17,775	-17,571	-23,309	21,655	12,997	-10,133	-47,452	73,922	-4,461	8,431	-4,934	21,868	-31,911	-175,399	190,690	-32,805	13,925	-61,211	20,664	-204,426	53,524	14,632	13,012	-4,695	54,099	-78,402	-27,747	-25,240	92,276	17,659	8,724	-78,325	-10,377	60,510	77,801	-15,068	33,179	-207,925	-153,205	12,723	65,309	103,814	-68,883	19,783	-5,977	2,961	-25	51,179	-7,873	19,915	33,623	21,476	-29,491	34,731	-660	-34,338	35,407	25,295	53,427	-5,982	30,008	31,576	55,665	-46,463	21,673	38,872	-580	22,271	-244,466	28,228	55,355	-46,756	35,808	11,926	12,439	-22,686	33,031	55,392	21,768	-14,452	-11,658	-6,209	52,114	-12,653	-34,876	-1,841	11,410	-23,879	-7,100	24,900	41,700	9,500	18,500	-25,900	11,800	6,200	25,700	8,100	-30,700	-29,900	19,400	24,800	7,300	-2,900	17,200	11,700	-4,400	-10,600	-5,200	-18,900	-20,800	2,100	10,300	11,400	10,500	600	29,000	12,100	-8,100	3,900	-4,900	-2,300	400	-26,400
Change In Working Capital	-7,605	56,762	89,311	-28,463	-81,084	57,883	137,443	-73,053	-104,644	-9,724	38,801	-102,548	-104,189	-2,749	-5,939	62,953	-29,499	25,214	19,029	41,201	-69,635	4,157	54,209	18,091	-74,480	-24,326	6,976	-13,206	-52,925	54,585	-12,940	-9,545	-27,430	40,157	54,655	-14,722	-27,176	62,710	21,103	-47,414	-75,932	28,456	6,359	21,650	-46,199	11,850	20,933	577	-57,153	63,199	78,168	-96,924	-23,050	-38,603	2,732	-31,739	11,331	-30,311	-10,799	14,022	26,689	104,038	30,206	-15,473	-58,540	-10,799	4,312	6,763	20,528	29,036	-17,173	-34,446	-89,389	-16,627	23,000	-20,284	5,332	27,545	17,817	27,756	-76,167	12,820	-4,381	-1,537	-21,277	13,087	-4,993	-10,155	-6,224	-24,850	10,810	30,405	-17,223	7,182	1,300	-2,950	-27,712	-25,700	14,500	27,500	-18,600	1,600	3,800	-6,100	-3,600	12,100	-4,200	-28,500	-16,800	4,700	8,500	-6,800	-11,300	1,200	9,500	-6,500	-14,900	-5,700	-7,800	-1,600	-6,000	5,700	200	3,100	-4,400	14,400	3,600	-12,700	-3,300	-20,100	2,700	-800	3,500
Change Receivables	0	0	0	33,846	-111,547	0	162,179	-29,828	-116,610	30,395	35,841	-100,972	-89,972	-30,874	-34,318	35,079	-46,291	53,938	-5,288	-8,078	-34,067	30,859	48,144	-17,502	-72,843	31,580	13,749	6,648	-53,756	29,278	6,554	-27,245	-25,089	46,411	29,553	12,388	-36,692	41,422	37,559	-50,931	-49,482	57,753	-3,275	7,585	-42,680	32,136	0	11,166	-66,992	0	16,530	25,964	-80,974	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	0	67,770	40,846	40,846	-111,547	-5,089	162,179	-29,828	-116,610	471,859	1,310	1,280	1,631	45,530	-34,318	35,079	1,100	53,938	-5,288	-8,078	-34,067	30,859	48,144	-17,502	-72,843	31,580	33,359	6,648	-53,756	-16,502	6,554	-27,245	-25,089	47,800	29,553	12,388	-36,692	41,422	37,559	-50,931	-49,482	57,753	-3,275	7,585	-42,680	-7,911	40,047	0	-66,992	28,716	-16,530	-25,964	-80,974	-4,316	-10,009	60,819	-30,689	3,030	-19,861	-11,179	28,010	29,130	42,500	-6,200	-63,600	28,700	40,600	0	0	27,500	0	-105,800	-42,200	0	-22,000	-9,600	-23,000	-12,800	39,100	10,500	-70,600	-600	-2,300	-17,700	-10,000	18,900	32,400	-11,300	-23,600	7,600	17,600	0	31,900	31,900	14,300	700	-31,200	2,600	2,400	8,700	-26,000	-13,800	-5,700	7,500	-14,700	10,400	-20,300	-3,600	-26,500	15,600	2,700	-7,900	-15,600	12,500	0	-10,900	-21,500	0	-900	-6,000	-3,200	0	0	0	0	0	0	0	0	0	0	0	0
Change To Inventory	22,502	14,531	65,521	-11,568	-581	9,579	15,586	-8,551	-40,803	-23,009	-32,556	-18,359	-45,590	-36,391	-1,665	25,813	17,450	-11,424	20,905	43,415	-13,335	-21,204	15,359	29,853	3,504	-45,366	-30,046	-3,883	-6,991	7,576	-2,090	2,807	-1,631	11,185	35,153	-12,786	7,534	16,249	5,751	-10,564	-10,055	10,529	-9,271	4,493	212	-5,419	9,640	4,689	-13,744	-5,246	68,534	-65,495	-13,471	-20,048	-1,996	1,048	3,748	-12,640	-9,870	6,552	38,657	37,956	-854	11,153	-3,664	-37,245	22,189	-31,045	66,512	40,193	-45,852	-36,314	-14,813	-14,682	12,526	2,570	-6,393	7,761	-3,195	-21,060	-9,714	5,606	-5,731	5,977	-2,904	-4,367	-4,934	-7,317	2,874	1,002	-8,598	11,145	11,434	-16,710	5,488	-9,221	-2,392	-9,000	5,600	6,100	10,300	200	-4,400	-5,100	4,400	15,300	-3,800	-11,700	1,500	-6,800	-1,300	-3,600	1,600	3,400	3,400	3,700	-2,500	-9,300	-5,000	-5,200	-1,300	6,400	900	2,500	6,700	6,400	700	-1,600	7,200	-22,300	13,200	15,600	8,900
Change To Liabilities	0	0	0	-64,003	48,567	0	-37,353	-27,969	52,592	-25,570	39,973	23,647	30,238	52,855	25,746	6,818	-12,464	-9,595	5,795	3,924	-15,144	-8,640	-8,882	12,816	-25,743	-8,727	21,817	-9,895	7,547	25,263	-15,345	-2,705	-49	-18,309	-6,796	-12,524	-7,520	13,098	-15,952	8,806	-2,326	-35,426	13,625	11,845	-6,118	8,307	0	-15,433	24,839	0	-2,357	-51,336	69,303	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	0	15,839	-12,770	6,863	-585	6,537	-3,216	-2,675	2,620	-48,537	14,377	4,595	1,655	5,247	12,114	12,480	3,469	3,068	8,222	17,188	2,825	2,012	1,675	14,085	-490	2,911	668	2,629	7,353	6,494	3,664	90	-8,773	-3,271	-14,158	711	-3,046	612	-2,679	-1,859	6,664	-33,450	48,510	-3,400	10,668	0	721	7,433	0	10,034	226	-1,428	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	0	-17,056	-17,056	-17,056	-18,668	-40,322	-34,674	52,769	-17,110	35,516	16,783	31,373	64,516	30,044	2,061	-658	-17,380	3,412	5,864	-22,233	-5,498	-9,294	5,740	-5,141	4,584	23,273	-15,971	275	14,560	-2,059	17,598	0	-31,093	0	0	0	-18,982	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	9,250	9,250	9,801	10,506	10,746	10,827	10,939	11,392	10,930	11,723	10,957	11,200	11,775	12,035	10,831	11,177	11,119	10,916	10,903	10,557	10,635	10,553	10,698	9,086	9,536	8,808	8,346	8,674	8,419	8,435	9,105	9,151	9,011	9,908	8,839	8,278	8,015	8,188	9,048	8,675	8,165	8,110	7,934	8,399	8,250	8,219	7,870	8,222	7,621	9,021	8,845	9,230	9,769	9,814	9,996	10,165	10,389	10,318	10,494	10,425	10,521	10,900	11,661	11,213	11,110	10,370	11,642	11,453	11,012	10,630	10,506	10,479	10,240	10,167	10,123	10,450	10,118	10,237	10,278	10,159	9,965	9,715	9,777	9,722	9,740	8,429	9,413	9,839	9,759	10,368	10,683	10,505	10,527	9,938	9,238	9,239	9,042	9,400	9,300	9,300	9,000	8,000	5,600	5,700	5,600	5,600	5,600	5,000	4,800	4,800	4,700	4,500	4,500	4,000	4,100	3,800	3,600	3,600	3,200	3,200	2,700	3,100	4,900	3,300	2,900	3,000	3,700	2,900	2,900	4,300	3,700	2,600	2,700
Dividends Paid	-22,255	-16,735	16,731	16,673	16,729	13,911	13,908	27,968	959	7,291	7,300	14,546	14,546	5,587	5,586	11,168	11,168	5,587	5,587	5,577	5,574	5,654	5,691	5,681	5,679	5,703	5,702	5,691	179,848	5,669	5,668	5,651	4,236	4,234	4,234	4,219	4,216	4,213	4,212	4,198	4,196	3,492	3,489	3,481	3,479	3,476	3,810	3,803	3,802	3,801	3,799	3,774	3,772	3,774	3,771	3,770	3,759	3,758	3,758	5,163	3,714	3,714	3,712	3,712	3,709	3,708	3,707	3,707	3,703	3,703	3,700	3,689	3,684	3,663	3,663	3,661	3,659	249,291	3,600	3,498	3,493	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
End Period Cash Flow	1,364,808	1,174,121	981,216	773,381	611,594	465,296	499,418	217,315	151,197	90,376	108,151	125,722	149,031	127,376	114,379	124,512	171,964	98,042	102,503	94,072	99,006	77,138	109,049	284,448	93,758	120,269	106,344	167,555	146,891	351,317	297,793	283,161	270,149	274,844	220,745	299,147	326,894	352,134	259,858	242,199	233,475	311,800	322,177	261,667	183,866	198,934	165,755	373,680	526,885	514,162	448,853	345,039	413,922	394,139	400,116	397,155	397,180	346,001	353,874	333,959	300,336	278,860	308,351	273,620	274,280	308,618	273,211	247,916	194,489	200,471	170,463	138,887	83,222	129,685	108,012	69,140	69,720	47,449	291,915	263,687	208,332	255,088	219,280	207,354	194,915	217,601	184,570	129,178	107,410	121,862	133,520	139,729	87,615	100,268	135,144	136,985	125,575	149,500	156,600	41,700	90,100	18,500	-25,900	11,800	76,200	25,700	8,100	-30,700	67,100	19,400	24,800	7,300	45,500	17,200	11,700	-4,400	23,900	-5,200	-18,900	-20,800	79,400	10,300	11,400	10,500	45,100	29,000	12,100	-8,100	11,400	-4,900	-2,300	400	14,300
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-1,521	950	1,017	2,499	-2,175	-1,203	-2,137	-171	-1,222	-2,832	736	-1,516	-950	-709	184	179	753	1,556	-432	-896	1,016	0	-668	1,151	0	-1,166	206	1,507	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	157,219	159,720	237,412	117,547	104,062	198,947	306,071	123,686	57,600	123,934	164,632	23,110	-31,808	33,514	47,107	109,610	10,957	57,617	60,816	82,456	-31,507	23,581	80,493	57,369	-32,032	-38,373	35,598	19,406	-18,767	65,326	23,337	27,173	4,444	57,809	71,785	4,683	-3,502	75,634	45,512	-15,843	-53,871	50,576	9,121	52,217	-24,750	22,547	35,080	13,967	-20,122	79,242	103,403	-68,430	20,783	-8,807	23,384	-9,057	32,159	-9,911	15,552	27,675	30,130	116,882	57,810	18,670	-29,863	31,344	43,347	42,879	38,404	31,264	27,895	25,949	-61,775	17,942	47,436	241	25,373	54,417	62,321	59,484	-41,441	36,179	11,846	10,798	-12,391	27,120	32,970	25,292	17,071	-10,520	37,239	49,173	793	12,617	14,338	25,179	2,882	9,700	55,100	50,400	8,800	-105,800	-26,800	11,200	6,300	-10,100	45,300	-28,600	-28,400	25,800	23,900	10,500	-800	15,600	15,200	-6,900	-9,900	-10,900	-20,100	6,100	-1,300	15,700	11,400	11,500	1,300	24,000	8,200	-7,100	2,600	-16,700	1,200	2,700	6,600
Investments	70,437	40,963	-13,879	61,632	51,206	-225,734	-2,191	1,609	1,919	-14,745	-1,613	-118	-21,526	-115	-9,155	-5,128	-32,501	-5,000	-500	-2,500	-8,000	-1,000	-1,000	-1,000	-609	-1,787	-1,700	-1,274	1,444	-3,317	1,444	1,444	0	-65,900	-65,900	0	0	-65,900	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	0	-177	-74	-56	-395	-37	305	-56	-120,286	-235,403	-39,791	64,757	-20,355	19,713	-145,905	89,428	-55,366	-40,591	-82,372	67,964	-22,319	-101,405	130,531	22,509	61,250	-100,437	3,742	-7,673	-2,503	311	11,200	-5,274	-2,220	-4,097	-14,183	-4,067	-1,830	-23,000	28,322	2,716	-4,333	-10,854	-10,766	25,760	199,860	0	-165,167	649	0	1,166	22,053	-7,747	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	138,363	119,238	135,709	179,551	175,093	140,235	155,813	207,524	159,248	126,698	172,256	110,932	65,238	37,254	43,957	28,487	33,951	29,973	30,444	28,676	17,139	27,731	20,863	33,882	24,344	5,969	22,754	27,833	30,455	16,768	26,062	28,259	28,665	14,110	18,095	33,862	22,340	18,049	24,322	35,209	24,954	15,020	39,993	91,842	26,434	16,746	15,570	18,540	32,817	13,072	10,741	22,731	40,542	17,952	18,747	16,878	33,958	-17,527	18,666	6,028	-2,492	7,774	18,671	27,014	27,355	28,840	31,324	36,398	18,913	5,175	51,579	58,750	33,365	35,811	21,016	17,183	15,208	15,654	18,754	27,048	17,960	11,045	19,737	8,979	4,460	12,222	22,554	18,465	17,936	11,710	19,001	20,775	15,469	17,055	19,307	29,762	26,566	25,800	26,400	25,400	21,700	17,700	18,700	19,700	19,300	19,700	18,000	16,300	15,800	17,800	16,200	13,900	13,300	12,500	11,600	10,600	10,100	9,400	5,600	7,300	5,600	5,900	5,700	5,300	4,200	5,700	3,800	3,400	3,300	-45,100	-2,100	2,000	1,500
Other Cashflows From Financing Activities	-2,622	-8,596	-6,525	-274	-2,314	-7,397	-1,478	-27,473	-230	119,866	38,370	309,954	100,266	39,941	32,627	-11,581	110,653	-1,002	-4,092	129	100,382	10,102	55	150,954	41,804	71,524	-859	-2,824	-870	-2,148	-5,053	4,481	2,457	-23	-36	109	162	-4,574	-20,200	27,339	4,753	-3,925	-10,626	-10,256	26,105	-2,481	-212,099	-16,565	993	-12,963	-15,721	5,906	7,747	6,546	-16,432	14,742	3,447	612	8,867	3,508	1,412	-116,300	-17,924	-16,191	-1,947	11,580	-14,699	12,937	-11,929	1,651	6,061	8,824	11,230	3,264	-3,959	2,576	-2,972	-6,019	-923	-927	-926	-925	-6,978	-9,200	-16,929	-1,022	-1,031	-1,034	-31,032	-1,032	-46,531	-1,675	-6,673	-24,511	-6,127	-5,672	-6,676	-10,200	-16,800	-13,800	-5,100	118,000	-3,100	-4,600	-4,300	-4,300	-32,900	-20,500	-2,600	-7,000	-2,500	-3,500	-3,300	-4,500	-6,800	-8,800	-3,800	-5,600	22,900	-3,700	18,300	-3,200	-1,200	-1,300	-800	5,400	-5,000	-1,900	1,600	-5,600	-1,400	-300	-26,700
Other Cashflows From Investing Activities	0	0	133,586	16,823	8,762	-204,364	4,116	-959	7,178	60,906	69,365	8,539	-12,299	169	-57,222	-7	-15,407	2,855	34	3,812	4	1,978	-147,893	10,667	-11,758	10	10,939	6,288	-1,211	-1,505	3,488	-17,628	85	3,989	-73,088	-14,873	-12,101	23,459	738	85	-23,533	-54,039	64,198	40,003	-11,798	3,406	42,250	2,290	34,753	0	351	-4,119	-6,489	18,798	17,703	17,703	17,703	611	0	0	0	81	678	0	85	0	3,033	3,032	0	23,528	23,227	23,218	0	0	0	0	0	0	0	0	0	449	449	449	449	57,848	57,609	2,206	539	0	0	0	0	0	0	0	80	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	15,000	-17,824	6,633	-31,238	854	-3,355	501	-6,155	-5,506	-4,360	-110,552	12,918	4,688	5,254	9,426	18,700	20,564	-1,040	14,082	11,538	30,812	-818	-2,558	2	26,226	3,798	854	-2,742	1,946	10,124	3,744	746	-6,082	-5,440	3,802	-29,800	-136	-8,534	-868	56	-3,138	1,464	-72,736	-147,966	-6,066	-2,584	5,319	80	7,526	-1,576	20,352	-14	-536	4,047	99	462	-16,121	30,350	672	358	-105	2,510	955	1,617	-786	3,907	93	162	-2,168	2,800	1,287	1,124	-85	1,358	-1,380	-2,835	357	4,782	18,749	-243	11,756	4,727	156	-230	502	-113	6,389	7,676	1,748	1,776	1,779	-1,583	-187	254	1,407	39	-105	1,200	-300	-1,300	-100	4,800	-2,600	-600	-1,100	-1,800	-1,200	-400	100	800	-200	-200	-800	-700	900	200	-400	-900	-1,000	100	-400	2,500	-200	-200	0	4,700	-800	1,600	2,500	50,300	-1,500	1,400	500
Sale Purchase Of Stock	-27,930	0	-19,303	-19,303	0	-38,054	-4,585	-29,497	-3,972	-4,864	-195	193	221	5,574	-5,574	232	-5,574	1,763	-1,763	-1,763	-1,763	-26,987	0	0	-6,575	0	0	0	0	0	0	-35	361	-42	-843	125	0	58	0	-100	0	0	0	0	0	2	-427,400	114	73	0	-7,468	600	-7	-333	-10	1,700	700	-454	-416	0	0	-1	-18	700	300	100	100	0	0	-522	-174	-8	-388	-383	500	100	-168	-14,232	-19,089	100	-9,320	200	0	200	0	-1	-4,303	-8,167	-2,283	800	0	0	-23,400	-23,533	-2,501	100	-22,377	-13,800	-14,600	-1,200	500	500	400	5,700	700	0	0	0	600	100	1,000	0	200	100	0	0	-2,100	0	600	-25,800	100	0	0	0	0	0	0	-100	-400	0	0	-2,200	-1,400
Stock Based Compensation	6,231	5,863	4,809	6,822	5,637	5,547	7,083	2,598	2,573	2,594	2,411	2,708	2,109	2,238	2,134	2,213	1,985	2,389	2,053	2,295	2,007	2,082	2,047	1,994	1,912	1,895	1,863	1,956	1,736	1,834	1,679	1,638	1,236	1,633	1,645	1,617	1,349	1,308	1,431	2,332	1,194	1,144	1,234	2,380	946	3,094	981	1,163	898	899	871	948	764	692	750	731	704	741	672	613	607	26	219	938	-1,517	509	-603	-425	-2,730	888	729	50	35	1,948	3,284	17	-8	46	46	-48	40	3,551	1,663	21	250	891	3,035	35	-36	-10	-1	248	-6	45	-7	38	34	1,300	-100	0	0	0	0	0	0	-100	100	0	0	-600	200	0	300	100	0	0	0	-1,400	100	1,500	0	100	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	-52,807	-25,510	-23,433	-36,467	-19,099	-21,364	-20,008	-57,025	-4,258	-132,575	-253,870	-55,255	64,978	-26,012	6,271	-157,030	84,507	-61,955	-50,290	-87,901	60,452	-54,960	-107,925	124,311	10,305	55,596	-106,998	-4,773	-188,391	-8,122	-10,990	5,604	-9,053	-6,477	-8,367	-18,293	-8,121	-5,867	-27,882	24,298	-1,100	-7,667	-14,365	-13,987	22,376	8,319	-245,114	-168,794	-3,059	-15,612	1,226	3,460	3,982	3,536	-21,310	10,972	408	8,213	7,447	-9,948	-13,866	-119,922	-21,635	-19,114	-5,390	7,903	-18,290	10,052	-15,477	-1,989	3,480	6,750	11,358	-309	-7,187	-952	-3,021	-257,908	-19,594	-4,358	-10,480	-780	-924	-679	-1,122	-1,010	-4,730	-7,370	-32,559	-205	-46,496	-1,084	-6,397	-47,927	-9,830	-4,181	-26,751	-23,700	-31,200	-13,700	-4,600	118,500	-2,700	1,100	-3,600	-8,300	23,200	-2,900	-2,000	-6,900	-1,500	-3,500	-3,100	-4,400	-6,100	-3,700	-5,800	-6,700	23,600	-28,400	18,400	-5,700	-800	-2,200	-700	-4,200	6,800	-2,000	1,200	11,300	-3,700	-2,500	-28,100
Total Cash From Operating Activities	173,625	174,276	247,660	139,212	111,618	207,031	312,378	141,675	62,859	130,220	172,201	31,861	-22,581	48,195	54,096	114,731	28,051	68,617	67,944	88,656	-24,673	45,377	86,296	62,734	-26,515	-9,539	40,987	23,969	-11,422	87,191	28,721	31,529	10,336	64,141	78,318	13,260	3,890	86,401	55,085	-6,209	-44,672	58,523	20,836	64,069	-14,915	35,531	55,488	28,060	-10,782	84,865	107,788	-64,737	25,833	-4,339	28,308	-4,250	36,638	-6,971	17,829	31,558	34,972	121,272	60,848	24,930	-21,290	38,438	50,485	49,792	47,129	39,495	39,952	34,852	-49,760	22,966	51,985	4,303	30,187	61,324	66,587	63,228	-36,378	39,315	19,964	20,181	-5,792	32,441	37,346	30,099	25,832	5,901	46,881	62,691	10,293	37,726	33,794	37,349	9,605	23,800	61,200	63,300	16,500	32,100	25,500	20,400	20,900	37,900	17,800	-7,300	4,500	29,900	28,100	14,300	6,400	22,000	26,100	8,100	-1,200	7,100	-800	11,300	4,400	19,200	13,200	14,000	4,600	27,800	10,300	-4,800	5,400	-10,600	2,800	5,200	8,200
Total Cashflows From Investing Activities	0	0	94,117	56,790	51,206	-242,003	-2,191	-15,997	1,919	-14,745	43,818	-118	-21,526	-14,627	-73,366	-5,128	-32,501	-13,145	-7,594	-4,888	-14,830	-20,818	-153,696	5,302	-17,884	-30,611	3,850	451	-7,112	-23,370	-1,896	-21,984	-5,807	-2,343	-145,521	-23,450	-19,493	12,692	-8,835	-9,549	-32,732	-61,986	52,483	28,151	-21,633	-29,986	0	-11,803	25,413	0	-4,034	-7,812	-11,539	0	3,147	8,451	15,756	0	2,415	4,920	1,412	0	0	0	0	0	0	0	0	0	0	5,932	0	0	0	0	0	0	0	0	110	0	0	0	0	14,971	13,595	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31	1993-12-31	1992-12-31	1991-12-31	1990-12-31
Cost Of Revenue	2,475,503	2,864,862	2,938,989	1,966,161	2,035,610	2,150,400	1,940,617	1,723,499	1,809,702	2,043,719	1,862,089	1,904,463	2,115,677	1,774,811	1,327,022	2,233,123	2,324,924	2,109,436	1,430,075	1,115,612	815,849	744,781	805,961	925,311	886,500	720,300	704,800	554,600	549,900	448,500	403,800	429,700	388,900	456,300
Depreciation And Amortization	39,954	50,507	-16,273	27,313	42,889	39,873	34,247	35,702	35,040	34,076	32,693	31,932	37,262	40,652	41,758	44,884	44,477	41,855	40,858	40,639	38,954	37,440	42,083	37,457	37,000	24,900	21,000	18,500	15,500	12,700	14,200	12,500	13,300	13,300
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	736,670	877,149	655,845	245,838	191,403	171,682	146,449	160,195	127,522	154,790	133,595	125,063	129,302	136,147	62,847	108,096	170,178	219,787	119,761	117,471	46,164	81,585	106,721	141,092	138,400	102,400	93,600	87,100	59,200	40,300	36,800	28,600	40,300	-79,500
Ebitda	776,624	927,656	639,572	273,151	234,292	211,555	180,696	195,897	162,562	188,866	166,288	156,995	166,564	176,799	104,605	152,980	214,655	261,642	160,619	158,110	85,118	119,025	148,804	178,549	175,400	127,300	114,600	105,600	74,700	53,000	51,000	41,100	53,600	-66,200
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	12,067	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	944,842	1,117,593	830,356	431,882	395,006	357,478	325,456	332,123	290,300	320,508	296,452	285,475	302,120	284,986	220,203	325,325	372,921	401,476	299,848	263,444	183,229	208,202	238,826	280,857	282,200	209,100	184,200	163,700	128,900	101,500	98,100	87,600	52,500	49,100
Income Before Tax	845,232	876,031	641,139	209,189	166,083	150,417	126,972	146,030	131,789	148,013	271,398	120,354	130,161	121,850	23,129	119,146	183,281	203,579	124,205	115,358	51,436	88,467	107,992	146,913	145,700	109,300	100,900	88,400	64,500	40,800	33,400	24,300	-49,700	65,900
Income Tax Expense	220,762	223,322	165,858	55,321	35,257	30,952	37,884	48,137	43,382	45,479	98,109	36,681	43,075	34,315	17,792	38,332	67,806	54,710	34,987	35,942	7,215	17,290	41,037	54,223	46,400	33,900	31,100	27,200	19,700	12,900	12,300	8,100	-6,000	1,100
Interest Expense	1,221	810	7,709	19,247	25,683	25,199	19,502	7,387	7,667	5,740	3,990	6,890	11,553	11,647	9,963	19,050	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Income	38,208	810	7,709	19,247	722	624	684	1,185	6,638	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	-6,752	-4,504	-6,604	4,156	5,260	2,361	1,413	27	543	974	689	1,278	765	1,364	662	1,796	582	2,610	9	43	152	150	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	602,897	658,316	468,520	139,493	100,972	104,459	85,598	99,727	87,864	101,560	172,600	82,395	86,321	86,171	4,675	80,814	115,475	148,869	92,542	79,416	45,381	77,992	66,955	92,690	99,300	75,400	69,800	61,200	44,800	27,900	21,100	16,600	-43,700	56,700
Net Income Applicable To Common Shares	0	658,316	468,520	139,493	100,972	104,459	85,598	99,727	87,864	101,560	172,600	82,395	86,321	86,171	4,675	80,814	115,475	148,869	89,218	79,416	44,221	71,177	66,955	92,690	0	0	0	0	0	0	0	0	0	0
Net Income From Continuing Ops	609,649	662,820	475,124	153,868	130,826	119,465	89,088	97,893	88,407	102,534	173,289	83,673	0	87,535	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	36,987	-810	-7,709	-19,247	-24,961	-24,575	-18,818	-6,202	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	-2,101	-5,332	-22,910	-8,678	-276	2,565	2,188	-243	4,451	539	0	-2,650	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	2,829	-18,282	0	0	1,466	6,778	6,778	6,778	4,304	-4,050	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	736,670	877,149	655,845	245,838	191,403	172,969	151,957	152,713	137,268	153,996	270,937	126,705	139,802	136,147	32,220	126,096	191,621	218,885	131,758	112,490	49,384	85,756	109,065	148,646	147,900	108,800	99,700	90,400	63,900	43,900	38,000	29,300	-1,700	-4,400
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	2,683,675	3,112,977	3,173,484	2,174,941	2,241,019	2,340,163	2,121,425	1,896,131	1,974,668	2,209,194	2,029,397	2,065,414	2,288,495	1,923,650	1,485,250	2,450,352	2,512,361	2,292,027	1,598,165	1,262,625	949,694	867,227	935,722	1,057,522	1,020,800	820,600	789,300	627,900	614,900	506,100	463,900	488,000	443,100	509,800
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	39,954	44,088	45,655	44,843	42,693	39,555	33,944	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	0	0	0	0	0	3,681	0	0	0	0	0	0	0	0	40	16	16	28	0	0	9	6	22	46	0	0	0	0	0	0	0	0	0	0
Selling General Administrative	208,172	203,086	184,052	159,483	161,395	148,888	139,580	137,499	130,358	131,740	134,914	129,456	135,953	108,475	116,700	136,900	143,300	141,000	127,394	106,400	94,900	85,000	87,700	94,800	97,300	75,400	63,500	54,800	49,500	44,900	0	0	0	0
Tax Provision	220,762	223,322	165,858	55,321	35,257	30,952	37,884	48,137	43,382	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	208,172	248,115	234,495	208,780	205,409	189,763	180,808	172,632	164,966	165,475	167,308	160,951	172,818	148,839	158,228	217,229	187,437	182,591	168,090	147,013	133,845	122,446	129,761	132,211	134,300	100,300	84,500	73,300	65,000	57,600	60,100	58,300	54,200	53,500
Total Other Income Expense Net	108,562	-1,118	-14,706	-36,649	-25,320	7,901	1,826	-6,074	14,122	-1,280	146,244	2,720	12,412	-2,650	-29,755	30,100	15,306	-902	11,997	-1,040	3,220	4,171	2,344	7,554	9,500	6,400	6,100	3,300	4,700	3,600	1,200	700	-42,000	75,100
Total Revenue	3,420,345	3,982,455	3,769,345	2,398,043	2,430,616	2,507,878	2,266,073	2,055,622	2,100,002	2,364,227	2,158,541	2,189,938	2,417,797	2,059,797	1,547,225	2,558,448	2,697,845	2,510,912	1,729,923	1,379,056	999,078	952,983	1,044,787	1,206,168	1,168,700	929,400	889,000	718,300	678,800	550,000	501,900	517,300	441,400	505,400

	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2016-02-24	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31	1993-12-31	1993-09-30	1993-06-30	1993-03-31	1992-12-31	1992-09-30	1992-06-30	1992-03-31	1991-12-31	1991-09-30	1991-06-30	1991-03-31	1990-12-31	1990-09-30	1990-06-30	1990-03-31
Cost Of Revenue	608,703	545,633	579,058	639,272	678,798	620,800	678,637	820,914	744,511	726,594	744,265	799,712	668,418	553,507	500,780	403,159	508,715	449,481	510,788	563,948	511,393	473,954	566,956	563,820	545,670	456,617	471,262	524,311	488,427	396,129	424,668	456,060	446,642	-1,342,535	411,336	467,167	470,365	460,834	468,889	521,278	557,775	495,777	421,812	456,302	501,125	482,850	438,719	449,718	522,851	493,175	427,942	523,984	573,877	589,874	457,521	437,597	466,645	413,048	372,247	354,039	313,353	287,383	371,648	588,469	661,209	611,797	523,381	603,219	661,746	536,578	486,383	528,946	637,038	457,069	389,874	360,514	345,663	334,024	267,675	263,188	303,720	281,029	218,513	201,960	203,461	191,915	140,452	187,353	216,318	208,490	177,946	190,809	219,090	218,116	216,941	234,063	247,793	226,514	228,100	216,300	220,300	221,700	207,400	164,000	173,500	175,500	195,000	181,400	172,700	155,800	128,300	133,200	149,500	143,500	122,300	137,400	149,600	140,600	123,000	113,300	110,000	97,500	95,800	96,300	103,400	108,300	101,100	122,400	109,400	96,800	93,100	97,000	90,100	93,100	-	-	-	-
Depreciation And Amortization	9,169	9,250	9,801	613	19,217	19,606	11,969	13,595	6,203	11,723	10,957	11,200	11,775	12,035	10,752	11,177	11,119	10,916	10,903	10,557	10,635	10,553	10,619	9,086	9,536	8,808	8,346	8,674	8,419	8,435	9,105	9,151	9,011	-	9,908	8,839	8,278	8,015	8,188	9,048	8,675	8,165	8,110	7,934	8,399	8,250	8,219	7,870	8,222	7,621	9,021	8,845	9,230	9,769	9,814	9,996	10,165	10,389	10,318	10,494	10,425	10,521	10,900	11,661	11,213	11,110	10,370	11,642	11,453	11,012	10,630	10,506	10,479	10,240	10,167	10,123	10,450	10,118	10,237	10,278	10,159	9,965	9,715	9,777	9,722	9,740	8,429	9,413	9,839	9,759	10,368	10,683	10,505	10,527	9,938	9,238	9,239	9,042	9,400	9,300	9,300	9,000	8,000	5,600	5,700	5,600	5,600	5,600	5,000	4,800	4,800	4,700	4,500	4,500	4,000	4,100	3,800	3,600	3,600	3,200	3,200	2,700	3,100	4,900	3,300	2,900	3,000	3,700	2,900	2,900	4,300	3,700	2,600	2,700	-	-	-	-
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Ebit	86,414	135,560	193,363	210,700	229,106	190,413	205,165	268,870	212,701	169,366	176,043	152,823	93,117	62,539	69,749	55,130	40,691	43,504	46,785	51,984	49,008	38,857	29,905	52,105	51,437	17,236	37,101	47,034	46,158	32,925	40,607	44,951	41,712	-127,234	20,617	27,191	43,885	35,829	28,458	37,951	48,331	38,395	22,164	32,591	38,334	40,506	24,439	24,457	29,842	45,362	21,412	18,864	36,550	52,739	6,928	30,887	28,975	47,195	22,902	27,817	13,776	-2,463	39,177	27,505	45,689	39,019	60,896	24,639	58,699	22,358	20,006	60,351	92,627	46,803	47,210	25,116	21,323	26,412	21,850	23,640	38,102	33,879	13,870	15,107	10,052	7,135	12,259	20,144	27,262	25,947	12,796	33,165	34,864	25,135	29,125	27,687	44,000	40,280	36,600	37,000	35,000	29,800	26,700	23,600	26,300	25,700	20,600	26,400	20,300	26,300	25,000	25,800	19,600	16,700	15,400	16,200	14,500	13,100	16,600	8,000	11,200	9,200	12,500	8,700	8,600	7,100	12,100	4,800	6,300	5,700	40,900	-4,500	1,100	2,200	-	-	-	-
Ebitda	95,583	144,810	203,164	211,313	248,323	210,019	217,134	282,465	218,904	181,089	187,000	164,023	104,892	74,574	80,501	66,307	51,810	54,420	57,688	62,541	59,643	49,410	40,524	61,191	60,973	26,044	45,447	55,708	54,577	41,360	49,712	54,102	50,723	-	30,525	36,030	52,163	43,844	36,646	46,999	57,006	46,560	30,274	40,525	46,733	48,756	32,658	32,327	38,064	52,983	30,433	27,709	45,780	62,508	16,742	40,883	39,140	57,584	33,220	38,311	24,201	8,058	50,077	39,166	56,902	50,129	71,266	36,281	70,152	33,370	30,636	70,857	103,106	57,043	57,377	35,239	31,773	36,530	32,087	33,918	48,261	43,844	23,585	24,884	19,774	16,875	20,688	29,557	37,101	35,706	23,164	43,848	45,369	35,662	39,063	36,925	53,239	49,322	46,000	46,300	44,300	38,800	34,700	29,200	32,000	31,300	26,200	32,000	25,300	31,100	29,800	30,500	24,100	21,200	19,400	20,300	18,300	16,700	20,200	11,200	14,400	11,900	15,600	13,600	11,900	10,000	15,100	8,500	9,200	8,600	45,200	-800	3,700	4,900	-402,200	122,600	137,500	137,700
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Gross Profit	849,654	186,744	240,734	257,712	292,394	256,781	266,193	329,128	265,491	229,763	237,983	212,880	149,730	122,344	118,325	97,009	94,204	94,358	97,814	102,446	100,388	85,133	79,002	98,953	94,390	66,907	79,101	89,955	89,493	76,029	81,916	88,011	86,167	-290,300	60,647	68,017	85,228	76,408	68,453	81,542	91,916	78,597	65,903	72,552	81,157	76,840	65,287	64,447	71,248	84,493	63,442	61,825	79,046	97,807	69,380	69,643	73,743	72,220	60,730	65,851	54,447	39,175	63,725	77,027	92,262	92,311	98,353	90,463	110,901	73,204	57,829	107,052	142,625	93,970	93,750	73,616	64,843	67,639	62,088	59,324	77,102	64,930	49,269	49,093	44,760	40,107	40,882	51,128	60,923	59,534	50,804	62,629	66,931	58,462	62,315	61,916	80,790	75,836	71,500	71,600	73,000	66,100	56,700	48,700	52,400	51,200	48,100	47,700	42,700	45,600	43,900	42,800	40,100	37,000	31,800	34,100	31,800	31,200	31,600	24,700	26,600	23,300	25,600	25,800	23,900	22,700	19,800	25,300	21,500	21,100	13,000	13,000	20,500	21,100	107,600	122,600	137,500	137,700
Income Before Tax	201,550	177,875	188,965	240,958	237,434	185,948	205,834	270,926	213,323	171,848	229,686	150,957	88,648	39,958	64,864	50,157	54,210	38,441	40,637	44,951	42,054	34,581	27,336	46,441	42,059	10,889	31,864	40,592	43,627	27,130	35,777	43,259	39,864	-108,471	18,927	25,509	53,600	33,753	27,249	36,521	46,874	37,369	21,114	66,809	143,565	39,910	23,941	24,323	27,611	44,479	19,087	16,144	33,980	60,950	25,849	27,845	23,493	44,663	-9,136	25,058	11,679	-4,472	8,114	27,093	42,353	41,586	49,475	50,176	56,860	26,770	12,163	58,170	87,279	45,967	46,008	30,864	24,517	22,816	23,253	25,638	39,725	26,742	15,962	15,268	13,096	7,110	15,555	19,780	28,851	28,026	18,915	30,619	33,498	24,960	27,058	30,588	47,166	42,101	38,900	38,100	37,400	31,200	25,700	26,100	29,000	28,600	28,500	25,800	23,500	23,100	25,600	23,400	20,100	19,300	17,200	17,000	15,600	14,700	13,000	12,000	11,500	8,900	8,700	9,000	8,700	7,000	6,700	6,300	6,000	5,400	-51,900	-3,300	3,100	2,400	-	-	-	-
Income Tax Expense	-51,834	46,440	50,843	62,122	61,357	49,798	51,035	68,290	54,199	44,862	60,229	39,006	21,761	12,698	15,450	13,029	14,144	7,614	7,665	10,432	9,546	7,773	3,373	12,411	7,395	4,589	8,716	12,650	11,929	9,174	10,837	14,005	14,121	-38,159	7,008	5,223	19,738	11,413	9,200	12,199	11,665	12,415	6,094	26,816	51,723	13,476	7,195	8,753	9,071	11,662	6,015	5,403	11,249	20,408	7,897	9,098	7,456	9,864	7,996	6,246	5,512	-1,962	340	8,422	15,339	14,231	20,635	18,852	20,462	7,857	6,988	6,591	28,529	12,602	10,197	9,848	7,334	7,608	7,599	6,884	12,677	8,782	4,917	-4,469	4,117	2,650	3,333	-5,086	10,386	10,090	7,205	11,618	12,723	9,491	10,003	11,281	17,404	15,535	13,100	11,800	12,000	9,500	8,000	7,300	9,300	9,300	8,800	7,700	7,200	7,300	7,800	7,200	6,200	6,000	4,700	5,400	4,900	4,600	3,600	3,500	4,200	3,300	2,800	3,400	3,400	2,800	1,000	2,400	2,600	2,100	-6,800	-1,200	1,100	900	-	-	-	-
Interest Expense	-115	713	230	135	143	144	361	147	158	258	1,116	1,866	4,469	4,010	4,885	4,973	5,379	5,548	6,148	7,033	6,954	6,471	6,746	6,073	5,909	5,292	5,237	6,442	2,531	2,017	1,830	1,692	1,848	9,349	1,690	1,682	2,219	2,076	1,827	1,430	1,457	1,026	1,050	1,243	1,101	596	1,179	353	2,721	2,637	2,549	2,822	2,834	3,348	3,079	3,072	2,964	2,532	2,410	2,435	2,482	2,636	3,295	5,050	3,500	3,100	2,200	1,600	5,689	5,494	5,100	5,085	3,700	3,300	4,820	4,800	4,800	5,200	3,300	200	200	200	300	300	300	300	300	300	300	700	700	700	1,180	2,200	2,200	2,200	2,300	2,600	2,600	3,100	3,100	2,900	2,100	1,200	1,200	1,400	0	1,800	1,100	1,200	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Interest Income	17,245	13,642	10,599	7,732	6,235	144	361	147	158	258	1,116	1,866	4,469	4,010	4,885	4,973	5,379	5,548	6,148	7,033	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Minority Interest	-3,346	-58	-3,000	-1,840	-1,854	-1,329	1,271	-972	-932	-1,097	18,670	2,100	2,131	834	1,255	531	1,536	1,803	1,351	690	1,416	874	571	700	216	249	496	200	468	-554	84	462	35	-32,122	-325	295	211	362	63	499	164	248	-364	129	692	232	378	59	623	218	144	266	400	-45	206	-162	479	841	395	146	139	0	1,542	254	1,010	552	582	-944	944	402	84	721	1,412	393	2	-7	7	0	43	0	0	0	152	0	0	0	150	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Income	138,363	119,238	132,709	177,711	173,239	138,906	154,542	206,552	158,316	125,601	170,980	108,832	63,107	36,420	42,702	27,956	32,415	28,170	29,093	27,986	15,723	26,857	20,292	33,182	24,128	5,720	22,258	27,633	29,987	17,322	25,978	27,797	28,630	-70,064	14,435	17,800	33,651	21,978	17,987	23,823	35,045	24,706	15,384	39,864	91,150	26,202	16,368	15,511	17,917	32,599	12,928	10,475	22,331	40,587	17,746	18,909	15,558	33,958	-17,527	18,666	6,167	-2,510	7,774	18,671	27,014	27,355	28,840	31,324	36,398	18,913	5,175	51,579	58,750	33,365	35,811	24,340	17,183	15,208	15,654	18,754	27,048	17,960	11,045	21,436	8,979	3,921	-5,041	46,632	18,465	17,936	11,710	19,001	20,775	15,469	17,055	19,307	29,762	26,566	25,800	26,300	25,400	21,700	17,700	18,800	19,700	19,300	19,700	18,100	16,300	15,800	17,800	16,200	13,900	13,300	12,500	11,600	10,700	10,100	9,400	8,500	7,300	5,600	5,900	5,600	5,300	4,200	6,100	3,900	3,400	3,300	-45,100	-2,100	2,000	1,500	-	-	-	-
Net Income Applicable To Common Shares	0	0	132,709	177,711	173,239	138,906	154,542	206,552	158,316	125,601	170,980	108,832	63,107	36,420	42,702	27,956	32,415	28,170	29,093	27,986	15,723	26,857	20,292	33,182	24,128	5,720	22,258	27,633	29,987	17,322	25,978	27,797	28,630	-70,064	14,435	17,800	33,651	21,978	17,986	23,823	35,045	24,706	15,384	39,864	91,150	26,202	16,368	15,511	17,917	32,599	12,928	10,475	22,331	40,587	17,746	18,909	15,558	33,958	-13,991	18,666	6,028	0	7,774	18,671	27,014	27,355	28,840	31,324	36,398	18,913	5,175	51,579	58,750	33,365	35,811	21,016	17,183	15,208	15,654	18,754	27,048	17,960	11,045	19,737	8,979	4,460	8,774	25,822	18,716	17,865	11,153	19,804	18,997	15,469	17,055	19,307	29,762	26,566	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Income From Continuing Ops	141,709	119,296	135,709	179,551	175,093	140,235	154,799	207,524	159,248	126,698	172,256	111,951	66,887	27,260	49,414	37,128	40,066	30,827	32,972	34,519	32,508	26,808	23,963	34,030	34,664	6,300	23,148	27,942	31,698	17,956	24,940	29,254	25,743	-88,407	11,919	20,286	33,862	22,340	18,049	24,322	35,209	24,954	15,020	39,993	91,842	26,434	16,746	15,570	18,540	32,817	0	10,741	22,731	40,542	0	18,747	16,037	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Interest Income	17,130	12,929	10,369	7,597	6,092	-144	-361	-147	-158	-258	-1,116	-1,866	-4,469	-4,010	-4,885	-4,973	-5,379	-4,826	-6,148	-7,033	-6,954	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Non Operating Income Net Other	0	0	0	31,108	7,487	0	2,044	7,091	904	4,730	251	-6,010	-1,072	11,247	-4,935	-5,807	-5,837	7	-1,995	-5,381	-15,541	3,333	-2,689	438	-9,760	1,146	-852	122	-692	-1,364	1,242	-480	3,167	-	3,845	-2,027	265	105	-683	225	127	88	127	842	319	3,163	-424	219	490	254	0	102	264	1,059	0	30	-2,518	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Non Recurring	0	0	0	0	0	0	0	0	0	2,829	0	0	0	616	0	0	-18,898	0	0	0	0	0	0	-3,469	3,469	1,466	2,466	-1,644	411	3,778	3,000	3,000	0	-6,778	6,778	0	0	0	6,778	0	0	0	0	4,304	0	0	-4,050	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Operating Income	183,425	135,560	181,011	210,700	229,106	190,413	205,165	268,870	212,701	172,141	233,350	157,814	92,540	65,004	69,227	52,296	59,311	44,449	46,252	51,522	49,180	39,962	33,671	51,928	47,408	21,988	37,559	46,803	45,607	29,323	37,487	44,436	41,467	-100,207	18,963	27,027	55,554	35,724	29,759	37,726	48,204	38,307	22,037	67,210	144,347	37,343	25,544	24,457	29,842	46,862	21,149	18,864	36,550	63,239	29,230	30,887	28,975	47,055	-6,910	27,817	13,776	-2,463	6,596	29,824	46,640	43,036	52,186	51,500	60,624	27,311	15,706	61,803	92,560	48,816	49,019	30,537	25,296	27,206	24,887	24,517	38,744	24,342	15,835	15,015	11,463	7,071	14,947	19,478	27,998	27,058	19,148	30,873	33,665	24,618	29,170	30,241	46,731	42,504	39,000	39,100	37,800	31,900	27,200	25,300	28,300	27,800	24,900	27,000	22,500	25,300	25,900	25,300	20,700	18,600	16,700	17,000	15,600	14,600	15,500	11,000	12,200	9,900	11,300	9,600	9,400	7,700	10,000	6,400	6,900	6,300	-4,100	-3,300	2,900	2,700	-402,200	122,600	137,500	137,700
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Operating Expenses	48,357	596,817	636,984	705,750	742,086	686,819	739,665	881,172	802,808	787,938	803,657	854,778	725,608	613,599	549,878	447,872	562,506	500,315	562,350	614,872	562,601	521,943	616,464	611,254	589,183	506,702	512,804	567,463	532,313	439,057	466,097	499,635	491,342	34,608	453,020	508,157	511,973	501,518	508,201	565,094	601,487	536,067	465,678	497,105	544,267	522,347	479,143	489,708	564,257	532,306	470,235	566,945	616,373	634,942	520,407	476,353	511,413	438,213	410,132	392,073	354,024	329,021	410,777	635,672	706,831	661,072	566,820	651,047	712,023	582,471	528,506	574,195	687,103	502,223	434,605	403,593	385,210	374,457	305,554	297,755	341,809	317,507	252,717	235,732	236,501	224,744	167,275	218,520	249,013	240,791	212,568	221,216	251,500	251,199	250,086	265,738	281,852	259,846	260,600	248,800	255,500	255,900	236,900	187,400	197,600	198,900	218,200	202,100	192,900	176,100	146,300	150,700	168,900	161,900	137,400	154,500	165,800	157,200	139,100	127,000	124,400	110,900	110,100	112,500	117,900	123,300	110,900	141,300	124,000	111,600	110,200	113,300	107,700	111,500	509,800	-	-	-
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Reconciled Depreciation	9,250	8,901	9,801	10,506	10,746	10,827	10,939	11,392	10,930	11,723	10,957	11,200	11,775	11,716	10,831	11,177	11,119	10,598	10,903	10,557	10,635	10,235	10,698	9,086	9,536	8,505	8,346	8,674	8,419	7,866	9,105	9,151	9,011	-	9,476	8,839	8,278	8,015	7,847	9,048	8,675	8,165	7,811	7,934	8,399	8,250	7,782	7,870	8,222	7,621	9,021	8,845	9,230	9,769	9,814	9,996	10,165	10,389	10,318	10,494	10,425	10,521	10,900	11,661	11,213	11,110	10,370	11,642	11,453	11,012	10,630	10,506	10,479	10,240	10,167	10,123	10,450	10,118	10,237	10,278	10,159	9,965	9,715	9,777	9,722	9,740	8,429	9,413	9,839	9,759	10,368	10,683	10,505	10,527	9,938	9,238	9,239	9,042	9,400	9,300	9,300	9,000	8,000	5,600	5,700	5,600	5,600	5,600	5,000	4,800	4,800	4,700	4,500	4,500	4,000	4,100	3,800	3,600	3,600	3,200	3,200	2,700	3,100	4,900	3,300	2,900	3,000	3,700	2,900	2,900	4,300	3,700	2,600	2,700	-	-	-	-
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	2,568	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	20	0	0	0	45	30	31	21,294	0	1,210	23	7	7	16	42	1	26	18	9	40	46	0	0	37	0	11	41	0	3	36	45	10	29	1	18	19	1	25	4	1,894	615	686	717	12	173	0	0	7	37	20	10	0	0	0	0	100	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Selling General Administrative	48,357	51,184	48,295	56,062	52,631	55,630	50,178	48,956	47,456	48,729	48,524	43,932	43,932	44,649	38,346	33,616	42,752	39,557	40,739	40,446	40,653	36,892	38,889	38,428	34,057	35,136	33,276	34,557	35,531	34,792	32,413	34,514	35,780	96,217	31,866	32,241	33,420	32,831	31,228	34,864	35,120	32,183	35,836	32,921	34,814	31,343	32,247	32,100	33,487	31,602	33,009	34,200	33,300	35,400	31,600	28,822	34,678	37,300	27,600	27,600	30,300	31,200	28,300	35,700	34,600	38,300	33,100	36,200	38,971	34,927	31,500	34,787	39,700	35,000	34,606	33,300	29,100	30,400	27,000	24,500	28,200	26,700	23,700	24,300	23,600	23,300	19,400	21,300	22,400	22,000	21,300	20,900	22,761	22,556	23,200	22,400	24,800	24,300	23,100	23,200	25,900	25,200	21,400	17,700	18,400	17,800	17,600	15,100	15,200	15,500	13,200	12,800	14,900	13,900	11,100	13,000	12,400	13,000	12,500	10,500	11,200	10,700	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Tax Provision	51,834	46,440	50,843	62,122	61,357	49,798	51,035	68,290	54,199	44,862	60,229	39,006	21,761	12,698	15,450	13,029	14,144	7,614	7,665	10,432	9,546	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Total Operating Expenses	48,357	51,184	57,926	66,478	63,288	66,019	61,028	60,258	58,297	61,344	59,392	55,066	57,190	60,092	49,098	44,713	53,791	50,834	51,562	50,924	51,208	47,989	49,508	47,434	43,513	50,085	41,542	43,152	43,886	42,928	41,429	43,575	44,700	-1,972,768	41,684	40,990	41,608	40,684	39,312	43,816	43,712	40,290	43,866	40,803	43,142	39,497	40,424	39,990	41,406	39,131	42,293	42,961	42,496	45,068	62,886	38,756	44,768	25,165	37,885	38,034	40,671	41,638	39,129	47,203	45,622	49,275	43,439	47,828	50,277	45,893	42,123	45,249	50,065	45,154	44,731	43,079	39,547	40,433	37,879	34,567	38,089	36,478	34,204	33,772	33,040	32,829	26,823	31,167	32,695	32,301	34,622	30,407	32,410	33,083	33,145	31,675	34,059	33,332	32,500	32,500	35,200	34,200	29,500	23,400	24,100	23,400	23,200	20,700	20,200	20,300	18,000	17,500	19,400	18,400	15,100	17,100	16,200	16,600	16,100	13,700	14,400	13,400	14,300	16,200	14,500	15,000	9,800	18,900	14,600	14,800	17,100	16,300	17,600	18,400	-509,800	-	-	-
Total Other Income Expense Net	18,125	42,315	-4,212	30,258	8,328	-4,465	669	2,056	622	3,687	52,211	-4,991	577	-18,284	522	2,834	19,176	465	533	462	-172	3,908	4,588	995	-2,909	-641	-458	231	551	-3,954	-2,880	515	245	-4,555	1,654	164	12,199	105	-65	225	127	88	127	36,303	106,651	3,163	257	219	490	1,754	487	102	264	11,559	22,178	30	-2,518	-118	-29,628	-324	385	627	-20,481	2,319	951	4,017	-5,982	17,996	1,925	4,953	-4,300	1,452	-67	2,013	1,809	5,421	3,973	794	2,359	1,117	911	-5,427	1,195	214	1,668	143	1,800	139	966	1,286	3,386	-943	-343	244	45	2,554	2,731	2,224	2,400	2,100	2,800	2,100	500	1,800	2,000	2,100	4,300	600	2,200	-1,000	900	-500	1,100	1,900	1,300	800	1,100	1,500	-1,100	3,000	1,000	700	-1,200	900	800	600	-2,100	1,600	600	600	-45,000	1,200	1,800	500	-	-	-	-
Total Revenue	849,654	732,377	819,792	896,984	971,192	877,581	944,830	1,150,042	1,010,002	956,357	982,248	1,012,592	818,148	675,851	619,105	500,168	602,919	543,839	608,602	666,394	611,781	559,087	645,958	662,773	640,060	523,524	550,363	614,266	577,920	472,158	506,584	544,071	532,809	1,564,818	471,983	535,184	555,593	537,242	537,342	602,820	649,691	574,374	487,715	528,854	582,282	559,690	504,006	514,165	594,099	577,668	491,384	585,809	652,923	687,681	526,901	507,240	540,388	485,268	432,977	419,890	367,800	326,558	435,373	665,496	753,471	704,108	621,734	693,682	772,647	609,782	544,212	635,998	779,663	551,039	483,624	434,130	410,506	401,663	329,763	322,512	380,822	345,959	267,782	251,053	248,221	232,022	181,334	238,481	277,241	268,024	228,750	253,438	286,021	276,578	279,256	295,979	328,583	302,350	299,600	287,900	293,300	287,800	264,100	212,700	225,900	226,700	243,100	229,100	215,400	201,400	172,200	176,000	189,600	180,500	154,100	171,500	181,400	171,800	154,600	138,000	136,600	120,800	121,400	122,100	127,300	131,000	120,900	147,700	130,900	117,900	106,100	110,000	110,600	114,200	107,600	122,600	137,500	137,700

Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue	3,420,345
Cost of Revenue	-2,475,503
Gross Profit	944,842	944,842

Operating Income (+$)
Gross Profit	944,842
Operating Expense	-208,172
Operating Income	736,670	736,670

Operating Expense (+$)
Research Development	0
Selling General Administrative	208,172
Selling And Marketing Expenses	0
Operating Expense	208,172	208,172

Net Interest Income (+$)
Interest Income	38,208
Interest Expense	-1,221
Other Finance Cost	-0
Net Interest Income	36,987

Pretax Income (+$)
Operating Income	736,670
Net Interest Income	36,987
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	845,232	628,108 EBIT - interestExpense = 735,449 823,659 604,118
Interest Expense	1,221
Earnings Before Interest and Taxes (EBIT)	736,670	846,453
Earnings Before Interest and Taxes (EBITDA)	776,624

After tax Income (+$)
Income Before Tax	845,232
Tax Provision	-220,762
Net Income From Continuing Ops	609,649	624,470
Net Income	602,897
Net Income Applicable To Common Shares	0

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	2,683,675
Total Other Income/Expenses Net	108,562	-36,987

Technical Analysis of Mueller Industries Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Mueller Industries Inc. The general trend of Mueller Industries Inc is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Mueller Industries Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitions	Bullish trend (100.0%)		Bearish trend (-100.0%)
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of Mueller Industries Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: .

The bearish price targets are: 54.64 > 54.44 > 50.85.

Tweet this

Mueller Industries Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Mueller Industries Inc. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

MA 20 trending up: The MA 20 is trending up. +1
Close > MA 20: The price is above the MA 20. +1
MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
MA 50 trending up: The MA 50 is trending up. +1
Close > MA 50: The price is above the MA 50. +1
MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
MA 100 trending up: The MA 100 is trending up. +1
Close > MA 100: The price is above the MA 100. +1
MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
MA 200 trending up: The MA 200 is trending up. +1
Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

Mueller Industries Inc Daily Moving Averages Chart

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Mueller Industries Inc. The current macd is 1.16192528.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Mueller Industries Inc price going up in the near term. +2
MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Mueller Industries Inc. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Mueller Industries Inc price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1

Mueller Industries Inc Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of Mueller Industries Inc. The current adx is 21.32.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Mueller Industries Inc shares, leading to potential upward momentum in its price. +1
PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1

Mueller Industries Inc Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Mueller Industries Inc. The current sar is 51.68.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1

Mueller Industries Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Mueller Industries Inc. The current rsi is 74.86. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
Trending up: The RSI is trending up. +1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Mueller Industries Inc Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Mueller Industries Inc. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
STOCH > 80: The STOCH %K is above 80 and overbought. +2
STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Mueller Industries Inc price going down in the near term. -2
Trending up: The STOCH %K is trending up. +1

Mueller Industries Inc Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Mueller Industries Inc. The current cci is 225.98.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1

Mueller Industries Inc Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Mueller Industries Inc. The current cmo is 63.66.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1

Mueller Industries Inc Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of Mueller Industries Inc. The current willr is -13.50129864.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1

Mueller Industries Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of Mueller Industries Inc.

Mueller Industries Inc Daily Bollinger Bands Chart

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Mueller Industries Inc. The current atr is 1.5805016.

Mueller Industries Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Mueller Industries Inc. The current obv is 37,048,757.

Mueller Industries Inc Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Mueller Industries Inc. The current mfi is 55.74.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

MFI > 50: +1

Mueller Industries Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Mueller Industries Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2023-12-04	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-05	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2023-12-11	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2023-12-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-13	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-15	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-18	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-19	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-20	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-21	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-26	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2023-12-27	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-29	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
2024-01-02	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-01-03	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-01-05	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-09	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-10	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-12	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-17	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-18	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-22	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-24	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-25	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-31	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-02-01	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-06	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-02-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-08	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-02-09	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-02-12	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-02-13	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-02-14	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-15	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-16	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-20	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-21	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-22	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-02-23	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-26	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-27	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-02-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-29	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-08	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-03-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-14	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-03-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-19	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-20	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-21	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-22	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-27	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-28	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-04-01	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-02	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-03	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-04	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-08	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-04-10	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-04-12	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-16	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-18	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-04-22	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-23	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-24	STOCH	LONG EXIT		The %K line crosses below the %D line.

6.3. Candlestick Patterns

Mueller Industries Inc Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Mueller Industries Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	74.858
Ma 20	Greater than	Ma 50	53.549
Ma 50	Greater than	Ma 100	52.211
Ma 100	Greater than	Ma 200	49.291
Open	Greater than	Close	57.440
Total			4/5 (80.0%)

Create your own Symbol Scanner

Get notifications about Mueller Industries Inc

I send you an email if I find something interesting about Mueller Industries Inc.

Mueller Industries Inc Buy, Hold or Sell?

Let's analyse Mueller Industries Inc together

Get notifications about Mueller Industries Inc

Quick analysis of Mueller Industries Inc (30 sec.)

What can you expect buying and holding a share of Mueller Industries Inc? (30 sec.)

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of Mueller Industries Inc (5 min.)

$58.41

$-3.70

$42.98 - $137.67

$39.28 - $133.97

2. Growth of Mueller Industries Inc (5 min.)

Is Mueller Industries Inc growing?

How much money is Mueller Industries Inc making?

How much money comes from the company's main activities?

3. Financial Health of Mueller Industries Inc (5 min.)

4. Comparing to competitors in the Metal Fabrication industry (5 min.)

Industry Rankings (Metal Fabrication)

What can you expect buying and holding a share of Mueller Industries Inc? (5 min.)

What can you expect buying and holding a share of Mueller Industries Inc?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Mueller Industries Inc

About Mueller Industries Inc

Financial Health

Valuation

1.1. Profitability of Mueller Industries Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Metal Fabrication)

1.1.2. Return on Assets

Trends

Compared to industry (Metal Fabrication)

1.1.3. Return on Equity

Trends

Compared to industry (Metal Fabrication)

1.2. Operating Efficiency of Mueller Industries Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

Compared to industry (Metal Fabrication)

1.2.2. Operating Ratio

Trends

Compared to industry (Metal Fabrication)

1.3. Liquidity of Mueller Industries Inc.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Metal Fabrication)

1.3.2. Quick Ratio

Trends

Compared to industry (Metal Fabrication)

1.4. Solvency of Mueller Industries Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Metal Fabrication)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Metal Fabrication)

2. Market Valuation of Mueller Industries Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Metal Fabrication)

Mueller Industries Inc
Buy, Hold or Sell?